Physics, asked by Bunisia3784, 1 year ago

Difference between transmission of shares and transfer by operation of law

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Answered by mehtab00
0

Transfer of shares is a voluntary act of a member that takes place by way of contract. It is not exactly same as transmission of shares, as the two differ in their meaning and concept as well. The transmission of shares occurs due to the operation of law i.e. in case if the member passes away or becomes insolvent/lunatic.

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