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

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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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Chapter 3: Issue of Shares - Exercises [Page 64]

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