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Share Certificate

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(Querist)
09 January 2010 Share Certificate is require for share transfer?

What is the diference between Share trnsfer and share allotment?
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Ankur Garg

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Ankur Garg (Expert)
09 January 2010 If shares are in physical form then share certificate is required for transfer.


If shares are in demat form then share certificate is not required for transfer.

Only existing shares can be transfered to other person. Allotment means issue of new shares.
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