Hi,
what would be effective date of share transfer, is it a date of meeting where share transfer approves or a date mentioned in SH 4.
please clarify.
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Effective date of share transfer
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Transfer becomes effective only on registration of such shares by the company. The company shall deliver the share certificate within 1 month from the receipt by the company's instrument related to transfer. The instrument of transfer must be endorsed with the respective name of the transferee.
Date on which name of shareholders has entered in ROM
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