The corporation can establish various restrictions on the transfer of shares among shareholders and to the public.
The bill sought to allow the free transfer of shares held by the government, so as to encourage acquisitions, mergers and financial restructurings.
The typical transfer of shares and the issuing of new ones means that blacks are expected to end up owning at least a quarter of the company by, say, 2010.
Tax authorities in recent weeks served notices on oil company Royal Dutch Shell PLC and U.K.-based Vodafone Group PLC saying they owe higher taxes than they paid because they undervalued the transfer of shares between their Indian subsidiaries and other overseas units.
If one is concerned about the volume and conditions for transfers of shares, there are already well-established laws and procedures to restrict the transfer or sale of shares to reasonable conditions devised by the corporation.
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Second, a scheme to transfer direct ownership of shares in RBS and Lloyds from the state to 50 million adults on the National Insurance register probably requires the kind of massive IT project which the public sector has a history of bungling on a world-class scale.
On June 19th it ordered all state-owned firms that had listed on the stockmarket since 2005 to transfer 10% of their shares to the National Social Security Fund to shore up its assets.
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Morgan Cazenove, who handled the sale, said Sir Ian had "no current intention to sell or transfer any of his Wood Group shares".
It was agreed that NEC will not be allowed to sell or transfer the shares for a period of two years beginning 1 July 2011.
Energy Transfer had proposed issuing special B series shares which would be publically traded and could be exchanged for cash or 0.77 shares of Energy Transfer one year after the deal closed.
The multi-part transaction being discussed for Jet Airways' sale to Etihad will first involve the transfer of all of Mr. Goyal's Tail Winds shares to a new company.
At the end of the transfer LVMH will issue 16.5 million shares in exchange for the 152.5 million Bulgari shares currently held by the Bulgari family, who will become the second largest family shareholder of the LVMH Group.
Runs these days start not with a queue of people lining up to withdraw cash but with clicks of a computer to transfer money abroad or to buy bonds, shares or other assets.
Since the federal government technically owns the reserves, the plan calls for the government to transfer 5 billion barrels of pre-salt oil reserves to Petrobras in exchange for shares in the company, thus allowing Petrobras to sell more shares to help finance its work.
Shares were suspended today, in what analysts speculate will bring the transfer of some unlisted group assets into the listed company.
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In contrast with offshoring, nearshoring is the transfer of business or IT processes to companies in a nearby country, typically with one which shares borders.
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If that happens, Mr. Goyal will need to get the approval of the Securities and Exchange Board of India, the country's capital markets regulator, in order to transfer his shares from Tail Winds.
Part of the deal would also see Superglass cancel its shares on the London Stock Exchange main market and transfer to the AIM.
Aside from the transfer of resources from Bayer to Merck, there may be one other aggrieved party: Allianz, which sold its shares in good faith to keep an agreed merger on the rails.
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Though differing in degree, the punishment laid on indentured servants for attempting to get out of their contracts shares much in common with NCAA rules that penalize college athletes if they want to transfer to a different institution.
"With the conversion of a fund, or the opening of ETF shares on an existing fund, you should see the record, the star rating and everything transfer, " said Scott Burns, director of ETF analysis for Morningstar.
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