04-17-2010, 06:02 PM
Thanks for the worthiest comments.
I personally agree with the views and interpretation of Kamran Sahab. The meaning of company in the Rules is not clear and required inerpretation.
I also agree with the suggestion that the person with controlling stake in the company, may sell the shares in the market. But the continous sale of shares in the market, will definately impact the share price negatively. This would not be beneficial for the seller. If the market value of shares is say 26 Rs. at the start of selling, it may fall upto even low than 50% by such a huge volume of selling.
Regards,
*
I personally agree with the views and interpretation of Kamran Sahab. The meaning of company in the Rules is not clear and required inerpretation.
I also agree with the suggestion that the person with controlling stake in the company, may sell the shares in the market. But the continous sale of shares in the market, will definately impact the share price negatively. This would not be beneficial for the seller. If the market value of shares is say 26 Rs. at the start of selling, it may fall upto even low than 50% by such a huge volume of selling.
Regards,
*
