Harsh purchased 1000 shares of Singhania Ltd. from Pratik and sent those shares to the company for
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Harsh purchased 1000 shares of Singhania Ltd. from Pratik and sent those shares to the company for transfer in his name. The company neither transferred the shares nor sent any notice of refusal of transfer to any party within the period stipulated in the Companies Act, 2013. What is the time frame in which the company is supposed to reply to the transferee? Does Harsh, the transferee have any remedies against the company for not sending any intimation about the transfer of shares to him?
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
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