Share warrants
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 April 2010
What share warrants mean? Is it transferrable? Where this should be disclosed in balance sheet?
17 April 2010
Share warrent is a bearer document of title to shares specified therein issued by a public compay limited by shares with the previous approval of central government with respect to any fully paid up shares. Since share warrant is a negotiable instument it is transferable by mere delivery.
For full details referance is invited to sections 114 and 115 of the Companies Act,1956.
For full details referance is invited to sections 114 and 115 of the Companies Act,1956.
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