Which company shares can be freely transferable 
  • a)
    Private Company 
  • b)
    Public Company 
  • c)
    Both (a) & (b) 
  • d)
    None of the above
Correct answer is option 'A'. Can you explain this answer?
Related Test: Test: Companies Act- 1

CA Foundation Question

28 Answers
Jagruti Prajapati answered May 20, 2020
Public company can be transfer the shares freely

Arpitha S.m answered Jun 30, 2020
Right answer is (b) public company there is no restrictions on shares because publics are believe in this company so the shares are freely transferable.

Richa Agrawal answered May 25, 2020
The shares of public company can be freely transferable but of private is not as there are some regulations on private company .So the correct answer is b)

Arulmozhi . K answered May 18, 2020
The public co. shares can be freely transferable incase of pvt certain restrictions

Ayush Agarwal answered 3 weeks ago
Public company,, as there is no restrictions

Anish Jain answered Jun 29, 2020
No,, Option B.. Public company is correct. Because by the Company Act 2013 only public company can issue shares in public. Hence only public company shares are transferable.

Shritej Lakal answered Jun 20, 2020
Only public company transfer share easily

Anjli Thakur answered 3 weeks ago
Right answer is (b). because public company's share's can be freely transferable.

Shobha Kumari answered May 20, 2020
Correct Answer is A because every private company works by it's own way.

Shikha Singh answered 3 weeks ago
Public company can transfer the share freely to the public..

Dhruv Thakkar answered Jun 07, 2020
(b). Public shares are only the categories of shares which are easily transferrable and can be issued by public through stock exchange.

Anjali Sabu answered Jul 02, 2020
Option. (b) is the crct. Public company can transfer the shares freely. Transfer of shares in private company is restricted.

Chhavi Parakh answered 4 weeks ago
Only the public company can freely transfer the shares
Private company can transfer the shares in certain circumstances and to a specific person

My Interests answered 4 weeks ago
In case of a private limited company , the shares are issued but not to the public , they are issued privately to the friends , families etc...
whereas in case of public I c limited

Navya Navya answered Jun 20, 2020
Public company can freely transfer shares without any restrictions

Charan Srinivas answered Jun 26, 2020
Public company shares are transferable

Lovely Yadav answered 3 weeks ago
Private company

Priya Jat answered May 20, 2020
I think the correct ans is (b) Public company

Priya Saini answered Jun 25, 2020
Public company transferred shares freely because it is not private company. sach a characteristic is not brought out by inference alone.

Vibhooti Yadav answered Jun 21, 2020
Public company shares can be transferred freely because of the legal protection given to public companies.

Himaja Honey answered Jul 07, 2020
Private company can freely transfer its shares

Vedavyas Sai answered Oct 10, 2019
It is public company

Anushka Sahu answered May 18, 2020
Public Company freely transfer their share

Samayamanthula Lova Laks answered Jun 02, 2020
As per companies act 2013 private company restricts the transfer of shares.
while public company have no restriction on transfer of shares

This discussion on Which company shares can be freely transferablea)Private Companyb)Public Companyc)Both (a) & (b)d)None of the aboveCorrect answer is option 'A'. Can you explain this answer? is done on EduRev Study Group by CA Foundation Students. The Questions and Answers of Which company shares can be freely transferablea)Private Companyb)Public Companyc)Both (a) & (b)d)None of the aboveCorrect answer is option 'A'. Can you explain this answer? are solved by group of students and teacher of CA Foundation, which is also the largest student community of CA Foundation. If the answer is not available please wait for a while and a community member will probably answer this soon. You can study other questions, MCQs, videos and tests for CA Foundation on EduRev and even discuss your questions like Which company shares can be freely transferablea)Private Companyb)Public Companyc)Both (a) & (b)d)None of the aboveCorrect answer is option 'A'. Can you explain this answer? over here on EduRev! Apart from being the largest CA Foundation community, EduRev has the largest solved Question bank for CA Foundation.