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Sh-1 needs to issue after share transfer

This query is : Resolved 
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(Querist)
31 January 2023 is sh-1 needs to issue after share transfer(sh-4)?

Please clarify.

Thanks in advance.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
01 February 2023 No need. But endorsement is a must on the back page of SH-4.
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