Question

state any four ways of cessation of membership of a company​

Answer 1

Cessation Of Membership Of A Company. The Occurrence of one or more of the following events generally results in being a person getting disassociated from and cease to be a member of a registered company and consequently his name is removed from the register of members or register of beneficial owners of a company.

KILLER ✌

Answer 2

Four ways of cessation of membership of a company​ is as follows:

• Transfer, death, surrender of shares and bankruptcy are four ways of cessation of membership of a company​.
• If all his shares are sold by an existing member to a third part, then transfer occurs.
• The membership of a person in a company will automatically end when a he dies.
• When a person surrenders all his shares to a company, this results the end of that person's membership.
• Bankruptcy is also a way of it. A person's membership will end if he becomes bankrupt. It will happen under the provisions of Bankruptcy Act.