SHARE TRANSFER
This query is : Resolved
25 November 2010
CAN DIRECTORS OF A PRIVATE LIMITED COMPANY TRANSFER THEIR WHOLE SHAREHOLDING IN THAT COMPANY TO ANOTHER DIRECTORS CHILDREN WHO MINOR IF SO PLEASE MENTION THE SECTION
AND IF THE DIRECTORS ARE OUTSIDE THE INDIA TRANSFER CAN BE DONE WITH OUT THEIR PRESENCE IN INDIA
PLEASE MENTION RELAVANT SECTION APPLICABLE TO THE QUERY
AND IF THE DIRECTORS ARE OUTSIDE THE INDIA TRANSFER CAN BE DONE WITH OUT THEIR PRESENCE IN INDIA
PLEASE MENTION RELAVANT SECTION APPLICABLE TO THE QUERY
26 November 2010
There is an article in the recent chartered secretary magazine. The answer to your query is yes. However, I am not replying in detail and would request you to go through the whole articles.
http://www.icsi.edu/cs/November%202010/Articles/Can%20a%20Minor's%20name%20be%20Entered%20in%20the%20Register%20of%20Members%20of%20a%20Company%20by%20R%20V%20Seckar%207.pdf
http://www.icsi.edu/cs/November%202010/Articles/Can%20a%20Minor's%20name%20be%20Entered%20in%20the%20Register%20of%20Members%20of%20a%20Company%20by%20R%20V%20Seckar%207.pdf
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