0
(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.
Add your answer:
Earn +20 pts
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.
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.
Difference between Warrants and Share Application Money Pending Allotment?
Share application money pending allotment is nothing but the application amount is received and shares are not alloted by the company.share warrants are bearer documents which are used at the time of share transfer
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 shares and company?
Basically the company the the actual thing whereas the shares show how much of the company you own.
What is the difference between a normal and a participating preference share?
what is defference between normal and preference shares
What is the difference between issue of shares and allotment of shares?
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 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 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.
Difference between fully paid shares and shares issued at discount?
Fully paid shares means that the amount of which shares are fully paid by the investors while shares issued at discount means, share are issued at discounted price from actual face value of asset.
Difference between Warrants and Share Application Money Pending Allotment?
Share application money pending allotment is nothing but the application amount is received and shares are not alloted by the company.share warrants are bearer documents which are used at the time of share transfer
