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Board Minutes – Approval of Share Transfer
What are board minutes – approval of share transfer – and when should you use it?
These Board Minutes – Approval of Share Transfer – approve the transfer of ordinary shares, detailing the transferor, transferee and number of shares transferred.
The register of members must be updated and the appropriate share certificates should be prepared and issued by either the Company Secretary (if the company has one) or the person designated to perform company secretarial duties (if not).
The requisite details should be inserted into the highlighted fields or the wording can be adjusted to suit your purposes.
Wording in square brackets is optional.
If it is required, then the brackets should be deleted and the wording within them retained.
If the wording is not required, then it can be deleted.
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