Consideration for share transfer
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 August 2014
Dear Expert,
Can the consideration be paid by cash for transfer of shares..? Or only through bank account..? pls clarify. Transactions is between two indivuduals.
Can the consideration be paid by cash for transfer of shares..? Or only through bank account..? pls clarify. Transactions is between two indivuduals.
27 August 2014
Consideration can be either paid in cash (upto Rs. 20,000) or in cheque. However, it is always advisable to pay for these transactions through cheque only.
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