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A holder of share- warrant of a company is not a member of the company. True or False.
True
False
Partly True
Partly False
In terms of RBI Circular on share- warrant July 2014. A share warrant is a negotiable instrument, issued by the public limited company only against fully paid up shares. Generally, the holder of the share warrant is not the member of the company, but if the articles of association of the company provide it, then the bearer is deemed to be the member of the company.
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