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Explain the following term/concept. Forged transfer - Secretarial Practice

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Question

Explain the following term/concept.

Forged transfer

Short Note

Solution

(a) An instrument on which the signature of the transferor is forged is called forged transfer. It is a null transfer and does not confer any title.

(b) It is so because in the case of forgery there is not merely an absence of free consent but there is no consent at all.

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Transfer of Shares
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Chapter 3: Issue of Shares - EXERCISE [Page 65]

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Balbharati Secretarial Practice [English] 12 Standard HSC Maharashtra State Board
Chapter 3 Issue of Shares
EXERCISE | Q 2. 18. | Page 65
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