Shares are nothing another than issuing securities which provide to their holders the right to receipt dividends for part of his property from profit, which SC receipt. As well as it provides the right to participate in management of firm. Distribution of shares between founders of SC is processing while its establishment. In cases when founder is only one all shares without exception get to him. Shares must be distributed at the moment of registration of firm but before registration of their issue. Shares are securities. They confirm right of shareholders to own determinate portion of enterprise. Such securities entitle to manage i.e. it gives an opportunity to participate in General Meetings of Shareholder. If desired shareholder may just not take a participation in that. Shares make person co-owner, which has the right exactly same rights like other owners of same securities. Firstly, it means that he has appeared rights to property and profit of company.
© Copyright 2015 NASA