transfer of shares by retiring Director
This query is : Resolved
Prasad Joshi
(Querist)
16 September 2007
If a director wants to transfer his shares(qualification shares) by resigning his post,then wht will be the price of that shares. Face Value or market value?
Shashi Mohan Jha
(Expert)
16 September 2007
I understand that wherever there is a qualification shares, it has to be transfered in case of resignation by the director. The pricing would be as decided by the board.
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