Transfer by a shareholder in a Business Reorganisation - (New) Section 70(1)(o) / (Old) Section 47(vicb)

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Full Text of the Document

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....ansferor Transferee Capital asset involved 70(1)(o) Transfer by a shareholder, in a business reorganisation, of capital asset being share or shares held by him in the predecessor co-operative bank, if the transfer is made in consideration of the allotment to him of any share or shares in the successor co-operative bank or the converted banking company; Shareholder of predecesso....