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Shares, Capital Maintenence and Debentures - Coggle Diagram
Shares, Capital Maintenence and Debentures
Shares
Share Capital - The amount or assets CONTRIBUTED to the company by its MEMBERS when they subscribe for shares in the company
.Section 18 (1)(c) - Capital clause in the MOA stating the amount of capital the company proposes to register and its division into fixed amounts.
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Nature of shares - Movable property, Transferable
Common Shares - Ordinary, Preference
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Debentures
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Terms - Amount borrowed, repayment terms, interest, charges securing the loan, provisions for protecting and insuring the property and terms for enforcement if the company defaults, etc
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