Mode of transferring shares: companies under earlier Acts may retain historical methods or adopt company-directed procedures. Section 564 permits companies registered under the earlier Companies Acts to transfer shares either by the methods historically in use or by any other ... Summary
Mode of transferring shares: companies under earlier Acts may retain historical methods or adopt company-directed procedures.
Section 564 permits companies registered under the earlier Companies Acts to transfer shares either by the methods historically in use or by any other manner the company directs, preserving existing transfer practices while empowering the company to prescribe alternative procedures.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.