transfer of shares by executing gift deeds by pramoters

Querist : Anonymous (Querist) 08 November 2009 This query is : Resolved
one pramoter group of a listed copmpany gifted their's shares to second pramoter group by making gift deeds and signed blank dipositary slips second pramoter group transfered these shares by depository in theirs demat account but there was not the faith intention for the first pramoter group all this done was keeping in dark the first pramoter group besides that the gift deed was not notarised on that date and the gift deed stamp was of rs 100 what would be the legal rights of the first pramoter group in this case

Follow Query

Report Abuse

Gulshan Tanwar (Expert) 14 January 2011
No one answered the query, pity!!! I am not having time these days will be back to LCI after sometime and then only can answer the same.

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now