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Ledger folio number when the member existing

This query is : Resolved 
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(Querist)
15 April 2022 What happen the member sold all the shares to other and exit the company. Then what happen to ledger folio number of the company Register?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
16 April 2022 That will remain as zero holding.
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Govardhan Varma

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Govardhan Varma (Querist)
21 April 2022 Required to know what happen to the ledger Folio Serial number in the register.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
22 April 2022 Once serial number allotted it can't be reallotted again cancel the folio.
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Govardhan Varma

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Govardhan Varma (Querist)
23 April 2022 Okay now i got cleared the query. Thank You
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CA Puja Sharma

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CA Puja Sharma (Expert)
23 April 2022 The ledger folio number will remain forever with new holdings. When you allot the shares to the new shareholder, a new ledger folio will be used for him
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