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Share capital and debenture
every shareholders is a member but every member is not a shareholders
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Quick Summary
Every shareholder is a member in the company limited by shares because they are subscribers of share capital and their name is register in register of members
every member is not a shareholder in the company limited by guarantee not having share capital ( members name is mentioned in register of member but they are not subscribed any capital because company is limited by guarantee not having share capital )
every member is not a shareholder in the company limited by guarantee not having share capital ( members name is mentioned in register of member but they are not subscribed any capital because company is limited by guarantee not having share capital )
Statement is Completely Correct.
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