Vidyalelo
Commerce · Q312

Business and Commerce

Graduate and Post Graduate · Commerce · question 312

Q312

The members of a private company:

A.
have a right to transfer their shares freely to any one
B.
cannot transfer their shares at all
C.
are entitled to transfer their shares within the restrictions imposed by Articles
Answer
D.
can transfer their shares by obtaining prior permission of the Company Law Board

Answer: Option C

Solution

Answer: Option C
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