Application for transfer.

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..... tration of a transfer of the shares or other interest of a member in a company may be made either by the transferor or by the transferee. (2) Where the application is made by the transferor and .....

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..... t to the transferee at the address given in the instrument of transfer, and shall be deemed to have been duly delivered at the time at which it would have been delivered in the ordinary course of post .....

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