If a persons transfers all his shares to 3 different persons on the same day , can he execute that transfers through one transfer deed??
Kanika Gupta (C.S Trainee) (100 Points)
15 December 2010If a persons transfers all his shares to 3 different persons on the same day , can he execute that transfers through one transfer deed??
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 15 December 2010
Hi,
This is something we called "certification of Transfer". You have to execute 3 share tran deeds.
Please find enclosed my Law file and check page no. 18 of the handout to understand the process of "certification of Transfer".
Regards
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