Share Transfer – Knowsia

BL – May 2012 – L1 – SB – Q1B – Company Law

Advise Halidu on transferring shares to raise money for school fees.

Question

Halidu holds one million shares in Realshares Nigeria Plc. Zaidi, his son, has just returned from the University of Basel because he could not pay school fees. Halidu is cash-strapped and wants to know whether he could transfer his shares to someone else to raise money to pay the fees.
Required: Advise Halidu, stating the statutory conditions by which he could transfer his shares. (5 Marks)

Answer

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Tags: Business Law, Company Law, Share Transfer
Level: Level 1

Topic: Company Law
Series: MAY 2012

BL – Nov 2012 – L1 – SB – Q6B – Company Law

State the difference between “transfer” and “transmission” of shares.

Question

The shares of a company represent the unit of ownership in the company. State the difference between “transfer” and “transmission” of shares. (4 Marks)

Answer

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Tags: Share Transfer, Share Transmission
Level: Level 1

Topic: Company Law
Series: NOV 2012

BL – May 2013 – L1 – SA – Q16 – Company Law

This question tests the understanding of the time frame within which a company must notify a transferee of refusal to register shares.

Question

Within how many months must a company that refuses to register a transfer of any shares send the notice of the refusal to the transferee?

A. One
B. Two
C. Three
D. Four
E. Five

Answer

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Tags: Company Law, Notice of Refusal, Share Transfer
Level: Level 1

Topic: Company Law
Series: MAY 2013

BL – May 2018 – L1 – SB – Q2a – Company Law

State four reasons for which a company may refuse to register a share transfer.

Question

The shares of a Public Company are freely transferable.

Required:
State FOUR reasons for which a company may refuse to register a share transfer.

Answer

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Tags: Company Law, Share Transfer, Shareholders’ Rights
Level: Level 1

Topic: Company Law
Series: MAY 2018

May 2024 – L1 – SB – Q4b – Company Law

This question addresses the steps and reasons for rejecting a share transfer in a public company.

Question

b. Gabriel is a shareholder in Zee Zee Company Plc. He desires to transfer his shares to his son who has just graduated from the Nigerian Law School as a sign of his appreciation of his excellent performance in the Bar Final examination.

Required:
i. Advise Gabriel on his competence to transfer his shares to his son. (2 Marks)
ii. Which legal step must Gabriel take to transfer the shares? (2 Marks)
iii. State TWO reasons for which Zee Zee Company Plc may reject the transfer of Gabriel’s shares to his son. (4 Marks)

Answer

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Tags: Corporate Law, Public Company, Share Transfer, Shareholder, Transfer Rejection
Level: Level 1

Topic: Company Law
Series: MAY 2024

BL – May 2012 – L1 – SB – Q1B – Company Law

Advise Halidu on transferring shares to raise money for school fees.

Question

Answer

Find Related Questions by Tags, levels, etc.

Tags: Business Law, Company Law, Share Transfer
Level: Level 1

Topic: Company Law
Series: MAY 2012

BL – Nov 2012 – L1 – SB – Q6B – Company Law

State the difference between “transfer” and “transmission” of shares.

Question

The shares of a company represent the unit of ownership in the company. State the difference between “transfer” and “transmission” of shares. (4 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Share Transfer, Share Transmission
Level: Level 1

Topic: Company Law
Series: NOV 2012

BL – May 2013 – L1 – SA – Q16 – Company Law

This question tests the understanding of the time frame within which a company must notify a transferee of refusal to register shares.

Question

Within how many months must a company that refuses to register a transfer of any shares send the notice of the refusal to the transferee?

A. One
B. Two
C. Three
D. Four
E. Five

Answer

Find Related Questions by Tags, levels, etc.

Tags: Company Law, Notice of Refusal, Share Transfer
Level: Level 1

Topic: Company Law
Series: MAY 2013

BL – May 2018 – L1 – SB – Q2a – Company Law

State four reasons for which a company may refuse to register a share transfer.

Question

The shares of a Public Company are freely transferable.

Required:
State FOUR reasons for which a company may refuse to register a share transfer.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Company Law, Share Transfer, Shareholders’ Rights
Level: Level 1

Topic: Company Law
Series: MAY 2018

May 2024 – L1 – SB – Q4b – Company Law

This question addresses the steps and reasons for rejecting a share transfer in a public company.

Question

Answer

Find Related Questions by Tags, levels, etc.

Tags: Corporate Law, Public Company, Share Transfer, Shareholder, Transfer Rejection
Level: Level 1

Topic: Company Law
Series: MAY 2024

Question Tag: Share Transfer

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BL – May 2012 – L1 – SB – Q1B – Company Law

Advise Halidu on transferring shares to raise money for school fees.

BL – Nov 2012 – L1 – SB – Q6B – Company Law

State the difference between “transfer” and “transmission” of shares.

BL – May 2013 – L1 – SA – Q16 – Company Law

This question tests the understanding of the time frame within which a company must notify a transferee of refusal to register shares.

BL – May 2018 – L1 – SB – Q2a – Company Law

State four reasons for which a company may refuse to register a share transfer.

May 2024 – L1 – SB – Q4b – Company Law

This question addresses the steps and reasons for rejecting a share transfer in a public company.

BL – May 2012 – L1 – SB – Q1B – Company Law

Advise Halidu on transferring shares to raise money for school fees.

BL – Nov 2012 – L1 – SB – Q6B – Company Law

State the difference between “transfer” and “transmission” of shares.

BL – May 2013 – L1 – SA – Q16 – Company Law

This question tests the understanding of the time frame within which a company must notify a transferee of refusal to register shares.

BL – May 2018 – L1 – SB – Q2a – Company Law

State four reasons for which a company may refuse to register a share transfer.

May 2024 – L1 – SB – Q4b – Company Law

This question addresses the steps and reasons for rejecting a share transfer in a public company.

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Advise Halidu on transferring shares to raise money for school fees.

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BL – Nov 2012 – L1 – SB – Q6B – Company Law

State the difference between “transfer” and “transmission” of shares.

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BL – May 2013 – L1 – SA – Q16 – Company Law

This question tests the understanding of the time frame within which a company must notify a transferee of refusal to register shares.

You're reporting an error for "BL – May 2013 – L1 – SA – Q16 – Company Law"

BL – May 2018 – L1 – SB – Q2a – Company Law

State four reasons for which a company may refuse to register a share transfer.

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May 2024 – L1 – SB – Q4b – Company Law

This question addresses the steps and reasons for rejecting a share transfer in a public company.

You're reporting an error for "May 2024 – L1 – SB – Q4b – Company Law"

BL – May 2012 – L1 – SB – Q1B – Company Law

Advise Halidu on transferring shares to raise money for school fees.

You're reporting an error for "BL – May 2012 – L1 – SB – Q1B – Company Law"

BL – Nov 2012 – L1 – SB – Q6B – Company Law

State the difference between “transfer” and “transmission” of shares.

You're reporting an error for "BL – Nov 2012 – L1 – SB – Q6B – Company Law"

BL – May 2013 – L1 – SA – Q16 – Company Law

This question tests the understanding of the time frame within which a company must notify a transferee of refusal to register shares.

You're reporting an error for "BL – May 2013 – L1 – SA – Q16 – Company Law"

BL – May 2018 – L1 – SB – Q2a – Company Law

State four reasons for which a company may refuse to register a share transfer.

You're reporting an error for "BL – May 2018 – L1 – SB – Q2a – Company Law"

May 2024 – L1 – SB – Q4b – Company Law

This question addresses the steps and reasons for rejecting a share transfer in a public company.

You're reporting an error for "May 2024 – L1 – SB – Q4b – Company Law"

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