DIFFERENCE BETWEEN SHARE CERTIFICATE AND SHARE WARRANT

SHARE CERTIFICATE	SHARE WARRANT
The holder is a registered member of the compound	The bearer of a shares warrant is not a registered member
The holder of a share certificate is essentially a member	The bearer of a share warrant can be a member only if the article so provided in AOA
For the issue of share certificate may required approval of the central Govt.	Share warrant can be issued central Govt. approval is must
All Companies must issue share certificates	Share warrants can be only by public companies
Share certificate is issued is partly (or) fully paid shares	Share warrant can be issued only fully paid shares
Share certificate in not negotiable	Share warrant is negotiable
The holder of a share certificate can present a petition for winding up	The holder of a share warrant can not present a petition winding up