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(1) Transfer of Shares:
Meaning: Transfer means transferring the shares on the name of some other person on a voluntary basis.
Initiative: The transfer-or and transferee takes initiative.
Nature of Action:It is a deliberate action taken by a share holder.
Parties: There are two parties i.e. transfer-or and transferee to the transfer of shares.
Documents Required: An instrument of transfer has to be duly executed by the transfer-or and transferee.
Stamp Duty: It is payable on the market value of shares
Right of Refuse: The directors of the company can refuse transfer of shares on certain grounds.
Consideration: There must be an adequate consideration for the transfer of shares, unless they are transferred by way of gift.
(2) Transmission of Shares:
Meaning: Transmission of shares means the passing of property or title in shares by the operation of law froa member to his legal representative on the happening of a certain event like death, insolvency or lunacy.
Initiative: The legal heir of the deceased share holder takes the initiative.
Nature of Action: It is not deliberate action of a shareholder, but the result of operation of law, after he dies or becomes insane or bankrupt.
Parties: The legal heir of the deceased share holder is involved.
Documents Required: Certain documents like court order of insolvency, death certificate are required for transmission of shares.
Stamp Duty: No stamp duty is payable for transmission of shares.
Right of Refuse: Transmission of shares can't be refused, it is under operation of law.
Consideration: The question of consideration does not arise in the case of transmission of shares, as it is due to the operation of law.
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What is the difference between Google Class A and Class C shares?
The main difference between Google Class A and Class C shares is in their voting rights. Class A shares come with voting rights, allowing shareholders to have a say in company decisions, while Class C shares do not have voting rights.
What is shareholders wealth?
Shareholder wealth is the difference between what they paid for the shares and the cost of the shares now. CEOs are responsible for building shareholder wealth.
What is Difference between issued shares and outstanding shares - 41k?
Issued shares(I) are shares of stock that have been sold to investors. It includes both outstanding shares(O) and Treasury shares(T). Thus, I = O+T Outstanding shares(O) are shares of stock currently owned by the shareholders.
What is the difference between shareholder and shareowner?
I presume the difference between a shareholder and shareowner is that shareholders are fiduciaries that hold shares for safekeeping until the shares are properly transferred to shareowners who outright own shares in equitable title; thus, being the ultimate customer and beneficial owners. Shareholders are custodians that have a minority interest in the shares, as opposed to a majority or material interest.
What is the difference between transmission and transfer?
Transfer of shares is the mode of changing the ownership by sale/gift of his shares in a company by the present holder to a purchaser/donee. Transmission of shares takes place when the ownership passes from one holder to another by operation of law. For example, 'A', the present shareholder of shares in a company dies, the ownership in his shares passes to his legal heirs by law.
Difference between bonds shares and mutual funds?
The difference between bonds shares and mutual funds is in their definition. Bond shares refers to the individual shares that an investor owns in a company while mutual fund is the collection of all the stocks and shares in a company.
Difference between demat shares physical shares?
demate shares are those shares which are kept in electronic form where as physical shares are those shares which are kept in the traditional paper form....
What is the difference between Google Class A and Class C shares?
The main difference between Google Class A and Class C shares is in their voting rights. Class A shares come with voting rights, allowing shareholders to have a say in company decisions, while Class C shares do not have voting rights.
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Basically the company the the actual thing whereas the shares show how much of the company you own.
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what is defference between normal and preference shares
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An allotment of shares is the process in which a person is given the right to be included in the register of members within a specific company. An issuance of shares is when the person is actually issued the shares in which they are deemed entitled to.
What is shareholders wealth?
Shareholder wealth is the difference between what they paid for the shares and the cost of the shares now. CEOs are responsible for building shareholder wealth.
What is difference between shareholders and investors?
Shareholders are investors that hold shares in the company. Investors are the investing public of which some own shares in the company.
What is Difference between issued shares and outstanding shares - 41k?
Issued shares(I) are shares of stock that have been sold to investors. It includes both outstanding shares(O) and Treasury shares(T). Thus, I = O+T Outstanding shares(O) are shares of stock currently owned by the shareholders.
What is the difference between shareholder and shareowner?
I presume the difference between a shareholder and shareowner is that shareholders are fiduciaries that hold shares for safekeeping until the shares are properly transferred to shareowners who outright own shares in equitable title; thus, being the ultimate customer and beneficial owners. Shareholders are custodians that have a minority interest in the shares, as opposed to a majority or material interest.
How can I transfer my ESPP shares to my brokerage account?
To transfer your ESPP shares to your brokerage account, you typically need to contact your company's stock plan administrator or transfer agent. They will provide you with the necessary forms and instructions to initiate the transfer process. You may need to provide information such as your brokerage account details and the number of shares you wish to transfer. Once the transfer is complete, the shares will be available for trading in your brokerage account.
