07-08-2009, 02:29 PM
When a person will transfer his shares then it will be called Transfer of Shares. Similarly when if a company will liquidate then all shareholders will lose their membership and it will be called liquidation not termination of membership of shareholders.
Please read Page 64 of Book of A.G Chaudary.
Regards,
Awais Aftab
Please read Page 64 of Book of A.G Chaudary.
Regards,
Awais Aftab