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What is the difference between transfer and transmission of shares?
  • a)
    Transfer requires stamp duty, while transmission doesn't.
  • b)
    Transfer results from death, while transmission is a deliberate act.
  • c)
    Transfer requires an instrument of transfer, while transmission requires evidence of entitlement.
  • d)
    Transfer involves the legal representative, while transmission involves the company's directors.
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
What is the difference between transfer and transmission of shares?a)T...
Transfer of shares requires an instrument of transfer and involves a deliberate act by the holder. Transmission of shares results from death or bankruptcy and involves the vesting of shares in a legal representative or official assignee.
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What is the difference between transfer and transmission of shares?a)Transfer requires stamp duty, while transmission doesn't.b)Transfer results from death, while transmission is a deliberate act.c)Transfer requires an instrument of transfer, while transmission requires evidence of entitlement.d)Transfer involves the legal representative, while transmission involves the company's directors.Correct answer is option 'C'. Can you explain this answer?
Question Description
What is the difference between transfer and transmission of shares?a)Transfer requires stamp duty, while transmission doesn't.b)Transfer results from death, while transmission is a deliberate act.c)Transfer requires an instrument of transfer, while transmission requires evidence of entitlement.d)Transfer involves the legal representative, while transmission involves the company's directors.Correct answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the difference between transfer and transmission of shares?a)Transfer requires stamp duty, while transmission doesn't.b)Transfer results from death, while transmission is a deliberate act.c)Transfer requires an instrument of transfer, while transmission requires evidence of entitlement.d)Transfer involves the legal representative, while transmission involves the company's directors.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the difference between transfer and transmission of shares?a)Transfer requires stamp duty, while transmission doesn't.b)Transfer results from death, while transmission is a deliberate act.c)Transfer requires an instrument of transfer, while transmission requires evidence of entitlement.d)Transfer involves the legal representative, while transmission involves the company's directors.Correct answer is option 'C'. Can you explain this answer?.
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