Folio No. of a Person

Ekta (Practicing CS) (423 Points)

19 July 2010  

Can any one tell me that :

Mr. A, holds folio no.2 at the time of incorporation of Co. and after some yeas he transfers his shares to another person and his account closed on shares register and after that allotment was made by the Company and Mr. A got certain no of shares. now my question is should he allot the old folio no. that is Folio No. 2 or he should be alloted new folio no.???