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Section 109 – The Companies Act,1956

The Companies Act, 1956

109. Transfer by legal representative.

A transfer of the share or other interest in a company of a deceased member thereof made by his legal representative shall, although the legal representative is not himself a member, be as valid as if he had been a member at the time of the execution of the instrument of transfer.

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The Companies Act, 1956

Indian Laws – Bare Acts

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