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Companies Law - Highlights / Catch Notes

Home Highlights April 2015 Year 2015 This

Rejection to Registration / Transfer of Preference shares - The ...

Companies Law

April 20, 2015

Rejection to Registration / Transfer of Preference shares - The alleged inadequacy of monetary consideration with respect to the transfer of shares, as alleged by the Respondents, cannot be taken as a ground for rejection for registration/transfer of shares by the Company, if, the Transferor has no objection in this regard - CLB

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