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Explain the following term/concept. Transfer of shares
+3
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Jan 8, 2021
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Class 12
by
kratos
Explain the following term/concept.
Transfer of shares
class-12
issue of shares
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+6
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answered
Jan 7, 2021
by
kratos
Best answer
Transfer of shares means the transfer of ownership of the shares from one person to another against consideration.
Transfer of shares is effected by removing the name of the existing shareholders (transferor) from the register of members and inserting the name of the new member (transferee).
Transfer of shares is a voluntary process of transferring shares by a member of a company.
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