Share capital and debenture

every shareholders is a member but every member is not a shareholders
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Quick Summary
This discussion clarifies the relationship between shareholders and members within a company. While every shareholder is indeed a member, the reverse isn't always true, particularly in companies limited by guarantee without share capital. The key difference lies in the subscription to share capital, which defines a shareholder's status.

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 )

Statement is Completely Correct.

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