SHARE CERTIFICATE DATE AFTER MERGER(URGENT)

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SUMAN (Querist)
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20 January 2010 IF A COMPANY HAVE TWO BODY CORPORATE SHAREHOLDERS
1.X CO.
2. Y CO.

BOTH MERGED.
WHETHER SHARE CERTIFICATE ALSO CONVERTED INTO ONE CERTIFICATE? IF YES. WHAT WILL BE THE DATE WHICH IS TO BE ENETERD ON THE NEW SHARE CERTIFICATE?

Rasesh

Rasesh (Expert)
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21 January 2010 As i understand X gets merged into Y. Then transfer the shares held by X in A Ltd., in favour of Y. A does not have to new share certificate.

Rasesh

Rasesh (Expert)
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21 January 2010 Moreover, it would not be a "Transfer" in legal parlance. Only the name would get changed in the records.

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