transfer of share
Malobika Ghosh (112 Points)
05 September 2019
If article of association do not provide to transfer share .Can share be transferred?
2 Replies
Jatin Bajaj
(CS)
(2930 Points)
Replied 05 September 2019
Usually private Company restricts the transfer of shares. But if there is restriction in Articles of Association, the articles shall be amended first
Sai Chandu Reddy
(CA Article Assisstant)
(159 Points)
Replied 04 November 2019
There is restriction on transfer of shares in case of private limited company.If AOA is silent on. transfer of shares company cannot transfer the shares articles of company needs to be amended to provide for transfer of shares.
Hope it helps.
-Sai Chandu Reddy
Hope it helps.
-Sai Chandu Reddy
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