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 ?
He submitted that further investigations were required into transfer of shares of the mills whereas Maryam Nawaz was not co-operating in this regard.
He submitted that Maryam Nawaz stated that Company Secretary Ajmal Sabtain and CFO Jawad Ahmad had record of transfer of shares whereas both persons told investigators that no record was available with them.
She also told nothing about transfer of shares of Chaudhry Sugar Mills.
Interestingly, the Competition Authority of Kenya approved the transfer of shares from the Chinese-owned companies to Seruji Limited a week before Mr Mwaura and Mr Gachanga were informed of the move.
The price consideration will be determined upon completion of the full transfer of shares and fulfilment of the terms, conditions and covenants agreed between the parties.
After this transfer of shares, Finnair holds 542,002 own shares as treasury shares.
The suspension is meant to allow the transfer of shares to those who accepted the buyout offer by French firm Rubis Energie SAS.
Transfer of shares to partners Q: I am enjoying my retirement life in home country after 15 years of service in a government department in Qatar.
The transfer of shares is expected to be completed following the transfer of Fintur's subsidiary Kcell JSC to Kazakhtelecom and obtainment of other regulatory approvals.
New Delhi: The Security and Exchange Board of India (Sebi) extended the deadline for transfer of shares of listed companies only in demat form to April 1.
"Due to the transfer of shares, CURC will no longer exist as a consolidated subsidiary of Calbee," the Japanese potato crisp-maker said.
The transfer of NEC Energy Devises shares to Envision and AESC shares to Nissan is subject to the fulfillment of the conditions outlined in the transfer of shares. If these transfers are executed, capital gain will occur.

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