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The effect of a stock dividend is to transfer what?
transfer additional shares of stock in the company to existing shareholders
What is the difference between transfer and transmission of shares?
(1) Transfer of Shares: Meaning: Transfer means transferring the shares on the name of some other person on a voluntary basis. Initiative: The transfer-or and transferee takes initiative. Nature of Action:It is a deliberate action taken by a share holder. Parties: There are two parties i.e. transfer-or and transferee to the transfer of shares. Documents Required: An instrument of transfer has to be duly executed by the transfer-or and transferee. Stamp Duty: It is payable on the market value of shares Right of Refuse: The directors of the company can refuse transfer of shares on certain grounds. Consideration: There must be an adequate consideration for the transfer of shares, unless they are transferred by way of gift. (2) Transmission of Shares: Meaning: Transmission of shares means the passing of property or title in shares by the operation of law froa member to his legal representative on the happening of a certain event like death, insolvency or lunacy. Initiative: The legal heir of the deceased share holder takes the initiative. Nature of Action: It is not deliberate action of a shareholder, but the result of operation of law, after he dies or becomes insane or bankrupt. Parties: The legal heir of the deceased share holder is involved. Documents Required: Certain documents like court order of insolvency, death certificate are required for transmission of shares. Stamp Duty: No stamp duty is payable for transmission of shares. Right of Refuse: Transmission of shares can't be refused, it is under operation of law. Consideration: The question of consideration does not arise in the case of transmission of shares, as it is due to the operation of law.
What happened to the stock that you owned in Lucent Technology?
still have a certificate showing 64 shares. need a form for transfer of ownership
Where do you get franking done on share transfer form?
The validity of the transfer deed as mentioned by Adv. Vishal is applicable for a company whose shares are listed with the Stock Exchanges. In case the shares are not listed, the validity is ONLY two months. The share transfer stamps should be available with the share brokers/stock exchange. Alternatively franking can be done BOI Shareholdings, situated near the Stock Exchange/other places. Vasudevan
Who is transfer agent for SBI shares?
Transfer Agent of SBI is Datamatics Financial and Software Services Ltd Plot No. A-16 & 17, MIDC, Part B Cross Lane Marol, Andheri East Mumbai - 400093 Telephone 66712201-2203, 66712198-99
Can director of a company transfer all shares to his name?
no.
The effect of a stock dividend is to transfer what?
transfer additional shares of stock in the company to existing shareholders
What is the difference between transfer and transmission of shares?
(1) Transfer of Shares: Meaning: Transfer means transferring the shares on the name of some other person on a voluntary basis. Initiative: The transfer-or and transferee takes initiative. Nature of Action:It is a deliberate action taken by a share holder. Parties: There are two parties i.e. transfer-or and transferee to the transfer of shares. Documents Required: An instrument of transfer has to be duly executed by the transfer-or and transferee. Stamp Duty: It is payable on the market value of shares Right of Refuse: The directors of the company can refuse transfer of shares on certain grounds. Consideration: There must be an adequate consideration for the transfer of shares, unless they are transferred by way of gift. (2) Transmission of Shares: Meaning: Transmission of shares means the passing of property or title in shares by the operation of law froa member to his legal representative on the happening of a certain event like death, insolvency or lunacy. Initiative: The legal heir of the deceased share holder takes the initiative. Nature of Action: It is not deliberate action of a shareholder, but the result of operation of law, after he dies or becomes insane or bankrupt. Parties: The legal heir of the deceased share holder is involved. Documents Required: Certain documents like court order of insolvency, death certificate are required for transmission of shares. Stamp Duty: No stamp duty is payable for transmission of shares. Right of Refuse: Transmission of shares can't be refused, it is under operation of law. Consideration: The question of consideration does not arise in the case of transmission of shares, as it is due to the operation of law.
Is there automatic transfer of shares in a change of directors?
No. A corporation might not even be a stock corporation and have a change of directors. Directors don't even have to be stockholders and thus there may be no shares to transfer.
What is the difference between transmission and transfer?
Transfer of shares is the mode of changing the ownership by sale/gift of his shares in a company by the present holder to a purchaser/donee. Transmission of shares takes place when the ownership passes from one holder to another by operation of law. For example, 'A', the present shareholder of shares in a company dies, the ownership in his shares passes to his legal heirs by law.
Does ionic bond transfer electrons?
Yes. Covalent shares, ionic physically transfers.
What relation would my dad's daughter be to me?
she would be your half-sister (since she shares half your blood)
Where is teena maries's daughter?
Teena Marie's daughter, Alia Rose, is known to be living in California. She occasionally shares updates and memories of her mother on social media.
Should you transfer your house to your daughter before you go into a nursing home?
NO. The State will consider this a transfer of assets and, unless your daughter gave you fair market value for the house, this will disqualify you from payments for nursing home care for at least several months. (An exception is if your daughter is disabled and living in the house.)
What is the stamp duty on transfer of share certificates in Pakistan?
1.5% of the face value of share scrips and .01% for sripless shares
What happened to the stock that you owned in Lucent Technology?
still have a certificate showing 64 shares. need a form for transfer of ownership
How can you contact Manufacturers Hanover trust company transfer agent and registar?
I have 10 shares of SSMC INC. are they worth anything
