Ledger folio number when the member existing


This query is : Resolved 

15 April 2022 What happen the member sold all the shares to other and exit the company. Then what happen to ledger folio number of the company Register?

16 April 2022 That will remain as zero holding.

21 April 2022 Required to know what happen to the ledger Folio Serial number in the register.

22 April 2022 Once serial number allotted it can't be reallotted again cancel the folio.

23 April 2022 Okay now i got cleared the query. Thank You

23 April 2022 The ledger folio number will remain forever with new holdings. When you allot the shares to the new shareholder, a new ledger folio will be used for him


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