Explain the following term/concept.Transfer of shares – InterviewSolution

1.	Explain the following term/concept.Transfer of shares
Answer» Transfer of shares means the transfer of ownership of the shares from one person to another against consideration. Transfer of shares is effected by removing the name of the existing shareholders (transferor) from the register of members and inserting the name of the new member (transferee). Transfer of shares is a voluntary process of transferring shares by a member of a company.

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