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forged transfer and blank transfer
what is the difference between the forged transfer and blank transfer????
Replies (1)
A)BLANK TRANSFER-
when transferor signs the transfer form without filling1) in the name of transferee and 2)date of execution and 3)hands over such transfer deed along with the share certificate to the transferee to let him deal with those shares,it is called as blank transfer.
B) FORGED TRANSFER- 1) A forged transfer is nullity (null and void) and therefore,no ownership of shares can be transferred by way of forged transfer.
2)In case of forged transfer,the original owner of those shares can apply to the company and get his name restored on register of members.
when transferor signs the transfer form without filling1) in the name of transferee and 2)date of execution and 3)hands over such transfer deed along with the share certificate to the transferee to let him deal with those shares,it is called as blank transfer.
B) FORGED TRANSFER- 1) A forged transfer is nullity (null and void) and therefore,no ownership of shares can be transferred by way of forged transfer.
2)In case of forged transfer,the original owner of those shares can apply to the company and get his name restored on register of members.
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