Question

why we say shares as movable property please give reason​

Answer 1

The shares or debentures or other interest of any member in a Company shall be movable property, transferable in a manner provided by the articles of the Company. ... Thus, shares are movable property and can be sold, pledged, assigned and mortgaged etc.

Answer 2

...Association. Section 82 defines the nature of shares and states that the shares or other interests of any member in a company shall be movable property transferable in the manner provided by the Articles o...movable property and their transfer is regulated by the Articles of Association of the company. 8. Whether under the Companies Act or Transfer of Property Act, the shares ar..., therefore, transferable like any other movable property. The only restriction on the transfer of the shares of a company is as laid down in its...