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What is the purpose of certification of transfer of shares?
  • a)
    To transfer shares without any fees.
  • b)
    To provide a guarantee of the transferee's ownership.
  • c)
    To indicate that the certificate of shares has been lodged with the company.
  • d)
    To simplify the transfer process for partially paid shares.
Correct answer is option 'C'. Can you explain this answer?
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What is the purpose of certification of transfer of shares?a)To transf...
Certification of transfer of shares is done to indicate that the certificate of shares has been lodged with the company. It serves as a representation by the company that the document evidencing the transferor's title has been presented.
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What is the purpose of certification of transfer of shares?a)To transfer shares without any fees.b)To provide a guarantee of the transferee's ownership.c)To indicate that the certificate of shares has been lodged with the company.d)To simplify the transfer process for partially paid shares.Correct answer is option 'C'. Can you explain this answer?
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What is the purpose of certification of transfer of shares?a)To transfer shares without any fees.b)To provide a guarantee of the transferee's ownership.c)To indicate that the certificate of shares has been lodged with the company.d)To simplify the transfer process for partially paid shares.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 purpose of certification of transfer of shares?a)To transfer shares without any fees.b)To provide a guarantee of the transferee's ownership.c)To indicate that the certificate of shares has been lodged with the company.d)To simplify the transfer process for partially paid shares.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 purpose of certification of transfer of shares?a)To transfer shares without any fees.b)To provide a guarantee of the transferee's ownership.c)To indicate that the certificate of shares has been lodged with the company.d)To simplify the transfer process for partially paid shares.Correct answer is option 'C'. Can you explain this answer?.
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