law query

Yes,

for both query.....

Share holders both equity and preference shareholders are the members of the company. A share is a share in the share capital of the company. So share holders are the memebers of the company.

Debenture holders are creditors of the company

For the purpose of transfer both the shareholders required to be transfered in the case of joint shareholding

thanks ...........

Dear Sneha,

I agreed with Mr. Arvind and Vivek.

Preference Shareholders are also members of the company. For example, if you see Schedule V relating to Annual Return, it specifically mentioned that preference shareholders are also covered with equity shareholders.

The same provisions regarding to equity shares are also applicable to preference shareholders including transfer.

Regards

thankssss........