Where a transfer deed has been delivered to the company for registration but the transfer of shares ...........

Companies Act-Phase (I & II) Paymentofdividends

Where a transfer deed has been delivered to the company for registration, but the transfer of shares has not been registered by the company, any offer of right shares or bonus shares made by the company______

Shall belong to the transferor

Shall, belong to transferee

Shall keep in abeyance

Shall be transferred to fund

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Explanation:

As per Section 126 of Companies Act, 2013, where any instrument of transfer of shares has been delivered to any company for registration and transfer of such shares has not been registered by the company, it shall keep in abeyance any right shares and bonus shares.