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TRANSFER AND TRANSMISSION OF SHARE. — SPCC STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceSPCCTRANSFER AND TRANSMISSION OF SHARE.1 Mark
Question
When is an entry made in Register of Members?
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Answer

After the Board Meeting when the resolution is passed the name of the transferee is added and the name of the transferor is deleted from the Register of Member.

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