https://www.taxtmi.com/acts?id=15673 Circulars accompanying offers to transfer shares must contain prescribed information and a transferee statement on steps to ensure cash availability, be presented to and registered by the Registrar before issue, and are subject to Registrar refusal with recorded reasons and a thirty-day communication period; an appeal lies to the Tribunal. Directors issuing unregistered circulars face specified monetary penalties. en-us Thu, 22 Dec 2011 15:51:12 +0530 Thu, 22 Dec 2011 15:51:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=15673 Circulars accompanying offers to transfer shares must contain prescribed information and a transferee statement on steps to ensure cash availability, be presented to and registered by the Registrar before issue, and are subject to Registrar refusal with recorded reasons and a thirty-day communication period; an appeal lies to the Tribunal. Directors issuing unregistered circulars face specified monetary penalties. Act-Rules Bills Thu, 22 Dec 2011 15:51:12 +0530 https://www.taxtmi.com/acts?id=15673