Question

What are the provisions of Companies Act regarding transfer of share?

Answer 1

A private company is required to restrict the right to transfer of itsshares in ts articles. With respect of the transfer of securities, any contract or arrangement between two or more persons shall be possible through a contract. The provisions of theCompanies Act deals with transfer andtransmission* of securities

Answer 2

A private company is required to restrict the right to transfer of itsshares in ts articles. With respect of the transfer of securities, any contract or arrangement between two or more persons shall be possible through a contract. The provisions of theCompanies Act deals with transfer andtransmission* of securities.