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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
When does the need for Share Transmission?
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Answer

When the shareholder dies, if the court declares bankruptcy or the court announces a volatile brain, the need for legal filing arises.

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