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Board Resolution for Transfer of Shares

Document Type: DOCX

Number of Pages: 2

Price: KES 150
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Summary

A Board Resolution for Transfer of Shares is a formal decision made by the board of directors of a company to approve the transfer of shares from one shareholder to another. It ensures that that the transfer is legally recognized, complies with the company's Articles of Association and is properly recorded in the company's books.

Key Components:
1. Company Details
2. List of Attendees
3. Agenda of the Meeting
4. Resolutions Passed
5. Signatures and Certification

Purpose of a Board Resolution for Transfer of Shares:
1. Legal Compliance
2. Record Keeping
3. Issuance of New Share Certificate
4. Issuance of New Share Certificate
5. Protects Stakeholders' Interests
6. Enables Business Continuity

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Disclaimer: This document is not to be taken as legal advise.

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