Right to dividend, rights shares, and bonus shares to be held in abeyance pending registration of transfer of shares.

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..... 956 - Act-Rules - Right to dividend, rights shares, and bonus shares to be held in abeyance pending registration of transfer of shares. [1] [206A. Where any instrument of transfer of shares h .....

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..... pay such dividend to the transferee specified in such instrument of transfer; and (b) keep in abeyance in relation to such shares any offer of rights shares under clause (a) of sub-section (1) .....

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