Share
Legal definition for Indian law research
Definition
Share, a share is not a sum of money; it represents an interest measured by a sum of money and made up of diverse rights contained in the contract evidenced by the articles of association of the Company, I.T. Commissioner v. Standard Vacuum Oil Co. Ltd., AIR 1966 SC 1393 (1397). [Business Profits Act, 1947, Schedule II, R. 2(1)]
Share, is not a sum of money, it represents an interest measured by a sum of money and make up of diverse rights contained in the contract, evidenced by the articles of association of the company, C.I.T. v. Standard Vaccum Oil Co., AIR 1966 SC 1393: (1966) 2 SCR 367: (1966) 1 SCJ 401: (1966) 59 ITR 685: (1966) 1 LT 327: (1966) 1 Com LJ 187.
Share, is not a sum of money, it represents an interest measured by a sum of money and make up of diverse rights contained in the contract, evidenced by the articles of association of the company, C.I.T. v. Standard Vaccum Oil Co., AIR 1966 SC 1393: (1966) 2 SCR 367: (1966) 1 SCJ 401: (1966) 59 ITR 685: (1966) 1 LT 327: (1966) 1 Com LJ 187.
Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.