Share certificate (section 113): It is a document which certifies that the allottee is the holder of specified number of shares in the company. It is a document of title also. It is not a negotiable instrument because it is not transferable.
FYBMS, SYBMS, TYBMS and beyond BMS
Share certificate (section 113): It is a document which certifies that the allottee is the holder of specified number of shares in the company. It is a document of title also. It is not a negotiable instrument because it is not transferable.
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