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Answer in one sentence. When does transmission of share take place ? - Secretarial Practice

One Line Answer

Answer in one sentence.

When does transmission of share take place?

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Solution

Transmission of share takes place on the death, insanity or insolvency of a member.

Concept: Transmission of Shares
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APPEARS IN

Balbharati Secretarial Practice 12th Standard HSC Maharashtra State Board
Chapter 3 Issue of Shares
Exercise Q.1 | Q 8.01 | Page 64
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