explain four ways of acquiring membership of a company
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(1) Transfer of shares: The transfer of shares is affected by registering an instrument called 'Instrument of Transfer' with the company. ... (2) Transmission of shares: Transmission of shares refers to transfer or passing of property or titles in shares by the operation of law from a member to his legal representatives.(3) A person can become a member by acquiring shares from an existing member and by having the transfer of shares registered in the books of the company, i.e. by getting his name entered in the register of members of the company.(4)Shareholders are also known as the members of a company. Under the Companies Act, 2013, any person can become a member and a person could mean an individual, body corporate or an association. The company law does not prescribe any disqualification, which would debar a person from becoming a shareholder of a company.