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transfer of shares by retiring Director

This query is : Resolved 

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?

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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