Shares of Joint Stock Companies are divided into types according to their trading power, their power to participate in the management and profits of the company and their power to represent the capital.

In general, there are 2 types of Stocks:
1) Share Certificate: Duly printed paper. It represents the fully paid partnership share.

2) Temporary Share Certificate: It is an unprinted, temporary document.
a) Since the shareholder has not paid the full amount of the share certificate, it is issued only to show the amount paid shall be paid in full.
b) Or the shareholder, the entire share price and the share certificates have been duly provisional as it has not yet been printed and distributed. is issued as a document.