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प्रश्न
Justify the following statement.
A member of a Public company can transfer shares.
उत्तर
Justification:
- Transfer of shares means the transfer of ownership of shares from one person to another. In other words, a shareholder can transfer the share to another shareholder.
- Transfer of shares takes place when the shareholder wants to sell his shares or give as a gift to another person.
- Shares can only be transferred by following the procedure laid down in the Articles of Association. A shareholder can sell either a part of a share or entire shares held by him.
- In the case of public companies, shares are freely transferable subject to the provisions of the Articles of Association. Whereas, in the case of Private Company, there are restrictions on the free transfer of shares. Thus, it is rightly justified that, a member of a Public company can transfer shares.
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संबंधित प्रश्न
Write a word or a term or a phrase which can substitute the following statement.
Person to whom transferor is transferring the shares.
Complete the sentence.
The two parties involved in transfer of shares are transferor and ______
Complete the sentence.
In case of transfer of shares, company has to issue to the transferee a new share certificate within ______
Explain the following term/concept.
Transfer of shares
Explain the following term/concept.
Blank transfer
Explain the following term/concept.
Forged transfer
Distinguish between the following.
Transfer of Shares and Transmission of Shares
Answer in brief.
What is Book Building Method?
Answer in brief.
State the provisions for Rights Issue.
When can the Board of Directors refuse the transfer of shares?
Answer in brief.
What is transfer of shares?
Justify the following statement.
The Board of Directors can refuse transfer of shares.
