DIFFERENCE BETWEEN

SHARES
AND
DEBENTURES

PRESENTED BY
RASIK BHAGAT
22-MBA-06

The Business School

 CONTENTS
 MEANING AND DEFINITION OF SHARES .
 TYPES OF SHARES .
 KINDS OF PREFERENCE SHARES .
 NOMINATION OF SHARES (109A) .
 MEANING AND CHARACTERISTICS OF DEBENTURES
 KINDS OF DEBENTURES .
 NOMINATION OF DEBENTURES (109A) .
 TRANSFER OF DEBENTURE .
 ACTUAL DIFFERENCE BETWEEN SHARES AND
DEBENTURES .
 DEFINITION
 “A Share is the interest of the share holder
in the company , measured by a sum of
money, for the purpose of liability in the
first place, and of interest in the second
,but also consisting of a series of mutual
covenants entered into by all the
shareholders inter se in in accordance with
the companies Act.”
 TYPES OF SHARES
EQUITY SHARES :
- equal voting rights .
- differential rights .

PREFERENCE SHARES
 KINDS OF PREFERENCE
SHARES

 Cumulative and non- Cumulative .

 Participating and non-participating .
 Convertible and non-convertible shares
 Redeemable .
NOMINATION
OF
SHARES
(109A)
 MEANING
AND
CHARACTERISTICS
OF
DEBENTURES
 KINDS OF DEBENTURES

 REGISTERED DEBENTURES .
 BEARER DEBENTURES .
 SECURED DEBENTURES .
 UNSECURED DEBENTURES .
 REDEEMABLE DEBENTURES .
 PERPETUAL DEBENTURES .
 CONVERTIBLE DEBENTURES .
 NON-CONVERTIBLE DEBENTURES .
NOMINATION
OF
DEBENTURES
(109A)
 TRANSFER
OF
DEBENTURE
 ACTUAL DIFFERENCE
BETWEEN
SHARES AND DEBENTURES
 STATUS .
 VOTING RIGHTS .
 INCOME .
 REPAYMENT .
 DISCOUNT .
 SECURITY .
 POSITION AT WINDING UP .
THANKS