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SHARES, CAPITALS & LOANS - Coggle Diagram
SHARES, CAPITALS & LOANS
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Share
Share is a CLAIM against the company to which the RIGHTS set out in the Companies Act and the MOA and AOA:
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Classes of Share
Sec. 18(1)(c)
Capital clause in the MOA stating the amount of capital the company proposes to register and its division into fixed amounts.
Table A, Art. 2
May be issued with such preferred, deferred, or other special rights or such restrictions, whether in regard to dividend, voting, return of capital, etc.
DEBENTURES
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.
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Charges
2,) A lender or creditor obtains a property of a company
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