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TRANSFER AND TRANSMISSION OF SHARE. — SPCC STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceSPCCTRANSFER AND TRANSMISSION OF SHARE.1 Mark
Question
What is a partial replacement? Or what is share authentication?
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Answer

When the shareholder sells a few shares out of all the shares owned by him to another person and the share certificate is not given to the buyer, it is called certification or partial conversion of shares.

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