URGENT COMPANY LAW

 Stock is a instrument it that consisted of number of Shares of the company.

Traditionally Stocks where very famous for trading (Bunch of Shares as one instrument (call it a lot of shares))

Now they are just not THERE.But people now use Stocks instead of shares,vice versa..

 And in company law the provision is just there without any use.

 i am not able to catch the exact menaing of point 2.. can you brief it some more..

thanx!