Dear Members
The company is a private limited company which want to transfer some shares. The transfer deeds is dated 26th November 2009. The same has been lodged with the company during first week of January 2010 (within two months). Please inform the due date within which the board has to approve the transfers. Can the board approve the transfer of shares at their meeting to be held in March 2010. Also advise whether is there any period within which the transfers has to be approved and share certificate to be returned.
with regards
Murali
CAclubindia
