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Share Transfer during Book Closure-Consequences

This query is : Resolved

K.Sankara Subramanian (Querist)
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14 October 2010 Dear Friends, The following situation happened to a company which is a client of my senior.
The company has appointed one service provider as its Share Transfer Agent. The STA has transferred the shares during the book closure dates.
Is there any possibility to rectify the mistake?
What is the consequence for such act?
The company is a Listed Company & in the AGM no Dividend was declared.
-K.S.S

Ajay Mishra

Ajay Mishra (Expert)
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20 October 2010 Hi

Please go to the following link:

https://www.caclubindia.com/experts/book-closure-record-date-389765.asp

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