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Class vs kind

Corporate & Other Laws

What is same class of shares and same kind of shares? Are these different?

Aman Mahajan

CA Final

★ 19K+

22-Jun-21 10:08

307

Answers (1)

Kind would be types of shares like equity shares or preference shares. Classes would be within these shares like 8% preference shares, 10% oreference shares, Class A shares, DVR shares etc.

Sahibdeep Singh

CA Inter

★ 14K+

22-Jun-21 11:29

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