transfer of shares


This query is : Resolved 

(Querist)
11 December 2010 what will be accounting effect if director transfer his shares by appointing new directors

11 December 2010 No accounting treatment is required for transfer of shares.

Transfer of shares will be recorded in separate registers like Shareholders Register

12 December 2010 No accounting treatment required but, the name of the existing director should be replaced with the name of new director in the book of Register of Members.


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