In the case of transfer or transmission of shares company need to deliver certificates of the securi...........

Companies Act-Phase (I & II) Share capital and debentures

In the case of transfer or transmission of shares, company need to deliver certificates of the securities transferred or transmitted within a period of -

1 month from the receipt of instrument of transfer

2 month from the receipt of instrument of transfer

1 month from the date when shares are actually transferred or transmitted.

2 month from the date when shares are actually transferred or transmitted.

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Explanation:

Every company shall unless prohibited by any court, law or tribunal should deliver the certificates of securities transferred or transmitted 1 month from the date of receipt of instrument of transfer in case of transfer or transmission of shares.

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