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What is the correct spelling for the word transferee?
The correct spelling for the word is "transferee."
What is the meaning of transferee in real estate?
The transferee is the person or other entity that the property is transferred to.
How do you avoid bullies at school when your a transferee?
You should kill someone so no one will mess with you
What is journal entry in merger in transferee company?
Debit combined assetsCredit combined liabilities
Section 41- transfer of property act?
It deals about the rights available under indian transfer of property Act for transfers made by ostensible (not real)owner for the transferees.Means that though the ostensible owner have no or imperfect title, if the transferee purchased the property without any notice,and for valid consideration then he must not suffer and hence the transferee is entitled to get protected.
What is amalgamation reserve?
Amalgamation reserve means the expenses bear by Transferee company for amalgamation with Transferor company is treated as reserve, this reserve is called as amalgamation reserve
What is the journal entry for fund transferring from one bank to another bank?
Debit transfer bankCredit transferee bank
Can a commercial contract be transferred?
In most legal systems the benefit of a contract can be transferred by assignment unless the contract itself expressly forbids this.Normally it is not possible to transfer the obligationsunder a contract. However, if all the parties agree (ie. transferor, transferee and other party to the contract) then the parties can "novate" the agreement, so that effectively the old contract is released and a new contract is created between the transferee and the other party.
Can a liquor license be transferred from one person to another person without making an application to the California Department of Alcoholic Beverage Control?
No. An application signed by both the present licensee and the transferee must be filed with ABC. ABC then proceeds as it would on a new application and may deny the transfer if the transferee-applicant is not qualified for a license. If such transfer also involves a change of the premises, ABC's approval of the new premises is required. (Sections 24070 and 24073)
Difference between amalgamation and external reconstruction?
Difference between Amalgamation and ReconstructionDifference between Amalgamation and ReconstructionThe difference between amalgamation and reconstruction is that amalgamation involves the blending of two or more different concerns, and not merely the continuance of one concern; reconstruction implies the carrying on of an existing business in some altered form, so that persons interested in the business may remain substantially the same.(b) Dissenting ShareholderIn relation to a take-over bid, 'dissenting shareholder' means a shareholder who has not assented to the scheme or contract and any shareholder who has failed or refused to transfer his shares to the transferee company in accordance with the scheme or contract [Sec. 395(5)].Thus, a shareholder can be called a 'dissenting shareholder' when he has not assented to the scheme or contract and any shareholder who has failed or refused to transfer his shares to the transferee company in accordance with the scheme or contract.ReconstructionlAmalgamationby Sale of Shares [Section 395]Sale of shares is the simplest process of amalgamation or take-over. It involves take-over without following the Court procedure under Sections 391 and 394. Shares are sold and registered in the name of the purchasing company or on its behalf. The selling shareholders receive either compensation or shares in the acquiring company. In case certain shareholders dissent, section 395 contains provisions for the compulsory acquisition by the transferee company of shares of the dissenting minority. The shares may be acquired on the same terms on which the shares of the approving shareholders are to be transferred to it. This will prevent the minority shareholders from demanding too high a price for their shares.Secti0!l 395 lays down as follows:1. Where the transferee company has offered to acquire the shares or any class of shares of the transferor company, the scheme or contract embodying such offer has to be approved by the shareholders concerned within four months. The approval must be given by the holders of not less than 9 /lOths in value of the shares whose transfer is involved. In computing 9/10ths value of shares, the shares already held by the transferee company or its nominee or subsidiary are excluded.2. If the offer is approved, the transferee company may, at any time within two months of the expiry of the said four months, give a notice to the dissenting shareholders that it desires to acquire their shares. The transferee company is entitled and bound to acquire the shares of dissenting shareholders on the same terms on which the shares of approving shareholders were approved unless on the application of the dissenti~$ shareholders within one month of such notice, the Court orders otherwise.3. If the transferee company already holds in the transferor company shares ofthe class whose transfer is involved, to a value more than l/lOth of the total. (1983J 140 ITR (St.) 2... The transferee company need not wait for the expiry period of four months for serving notice on thedissentient shareholders to acquire the shares-Western Manufacturing (Reading) Ltd., In re [1955J 3 AI
Can a crossed cheque be endorsed?
"Account Payee" Cheque cannot be endorsed. only payee of the cheque is entitled to get credit of the amount i.e., the amount will be credited to his account only. However if it is "Not Negotiable" crossing it does not mean that the cheque can not be transferred further it can still endorsed but the transferee will not get better title than the transferor.
How do you unregister a gun in Kentucky?
There is no way to do so, since Kentucky has no registration requirements. You can transfer ownership by going to a Federally Licensed Dealer and filling out all the required paperwork and the receiving party receiving a "go" from the InstaCheck system. That way the gun will not trace back to you as ownership then resides in the transferee.
