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welcomeoncloud9 (Director)     15 June 2011

share Transfer

I want to know the , when no share Certificates are issue to Shareholder/Director and if director resigns 

from the Company Before accepting the share Certificate and if New Director Joins in , can you issue share

Certificates to old Director and than sell his shares to newly joined Director? is it legally valid? Money is recieved

after selling the shares so what binding does still the old director got towards the company?



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