Common use of Transfers Not Permitted Clause in Contracts

Transfers Not Permitted. No share shall in any circumstances be transferred to any infant, insolvent or a person of unsound mind, except fully paid-up shares through a legal guardian.

Appears in 1 contract

Sources: Waiver Cum Amendment Agreement

Transfers Not Permitted. No share shall in any circumstances be transferred to any infant, insolvent or a person of unsound mind, except fully paid-up paid shares through a legal guardian.

Appears in 1 contract

Sources: Shareholders' Agreement