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Changing folio no.

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(Querist)
19 October 2013 If Mr.A having folio No. 1 transfers all his shares to Mr.B (who has folio no.2), is it possible to change Mr.B's folio number to 1 or will it remain to be folio no.2 ? What will happen to folio no.1 of Mr.A ?
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CS Ankur Srivastava

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CS Ankur Srivastava (Expert)
19 October 2013 Mr. B folio no. will remain 2.

Folio no. 1 holding will be Nil.

These records shall be kept for all folios so folio numbers will not change.

In register of members the recording shall be made folio number wise.
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jagan

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jagan (Querist)
19 October 2013 Thank u Ankur sir
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CS Ankur Srivastava

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CS Ankur Srivastava (Expert)
19 October 2013 MY pleasure...
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jagan

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jagan (Querist)
21 October 2013 Your support is of great help to us.

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