Nominal & Nominee shares

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Dear friends,

 

Can any body help me to get the difference berween these two terms Nominal & Nominee shares & also Implications of the Nominal & Nominee shares

Regards Naveen

Replies (1)

The term Nominal share value means the face value of share excluding premium.

While Nominee shares means in case of death of member, the person whose name has been submitted to Company as Nominee (like we do for any bank a/c or investment purpose) is entiled to shares of the Company.

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