Ganesh, who possesses valid share certificate of a company covering 1,000 equity shares is claiming title to the shares but his name is not recorded in the Register of members of the company. Ganesh also has the document

CS Professional · Advanced Company Law and Practice · PYQS · June 2014
Ganesh, who possesses valid share certificate of a company covering 1,000 equity shares is claiming title to the shares but his name is not recorded in the Register of members of the company. Ganesh also has the document evidencing the payment of call money against the above shares. But against the shares held by him, Suresh is recorded as a member in the Register of members. Advise the company on resolving the title dispute.

Topics: Shares

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