transfer of shares


This query is : Resolved 

(Querist)
14 May 2010
But what i require is the complete procedure to be followed for transfer of the shares to one of the partners on behalf of the firm

Ankur Garg (Expert)
14 May 2010 As per my understanding a partner can be a member of a company solely in his individual capacity.

But he can not be a shareholder on behalf of a partnership either by transfer of share or by allotment.

Best Regards

14 May 2010 Ankur Sir
Whether section 187C of the Companies Act,1956 can be invoked in this case.


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