Bare ActsCompanies Act, 1956

Section 109

Transfer by legal representative

Amendment status not verified — confirm the current text below against the official source.

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.

Section 109 – Companies Act, 1956 | DailyLaw.ai