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Querist : Anonymous

Querist : Anonymous (Querist)

16 March 2015 Can renounciation of right made to existing shareholders?
OR
It can be made only to a person who is not a shareholder.

Nayak (Expert)
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16 March 2015 Existing share holder can renounce his right to any person. He need not be a member of the company

Read section 62 (1)(a)

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