transfer of shares

transfer of shares

the conveyance of a member's share(s) to another person. Shares are transferable in such manner as maybe prescribed in the ARTICLES OF ASSOCIATION. The transfer is achieved by the execution of a transfer form by the transferor and its being lodged, together with the share certificate, with the registrar of the company so that the entry in the company's register of shareholders can be amended. Actual transfer of the legal title to the shares is effected when the charge is made in the company's register.
References in periodicals archive ?
Shaikh Khalifa praised companies that responded to the initiative to transfer share certificates (paper) to electronic registry offering investors advantages in terms of safe-keeping of securities, speeding up the transfer of shares between financial markets and reasonable cost that investors will bear by transferring their shares from paper to electronic registry.
With this transfer of shares, Fujitsu and transcosmos will jointly manage its operations, and by combining the wealth of experience and know-how that can be offered only by transcosmos, a BPO service specialist, will enhance and thoroughly streamline quality, cost and delivery of contracted business.
The notice seeks an explanation from the trio over alleged violation of the Foreign Exchange Management Act ( FEMA) to the tune of ` 100 crore while transfer of shares.
The letter reportedly stated the transfer of shares carries great risks in terms of the law of inheritance, asking EuztE-rk to either transfer the shares immediately or to give a written contract to transfer the shares back to the Treasury when he dies.
Examining the demands for the transfer of shares of Coruh, Osmangazi and Yesilirmak electricity distribution companies to relevant bidders, Turkish Competition Authority ruled that such transfers were in accordance with Competition Law, and thus, they shall be permitted.
income tax on their transfer of shares of US-Holdco to PLC, if the following conditions are met:
The supposed kickback was in exchange for smoothing over the transfer of shares with Conasev, a government regulatory authority, for Bavaria to consolidate its control of the brewer and to ensure millions of dollars of tax breaks.
Kenor ASA has applied for a de-listing from Oslo Bors after the compulsory transfer of shares executed by Guinor Gold Corporation," Kenor said in a statement.
A "disqualifying disposition" occurs if shares acquired by an individual through the exercise of an ISO are sold or otherwise disposed of by the individual within two years of the grant of the option or within one year of the transfer of shares to the individual pursuant to the ISO.
The first matter to be resolved was whether, as a matter of law, a cooperative housing corporation has the power to restrict a transfer of shares by imposing an absolute floor - price.
MANAMA: Bahrain Bourse (BHB) signed a joint agreement with Kuwait Clearing Company yesterday to facilitate transfer of shares by linking their systems.

Full browser ?