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[Cites 0, Cited by 0] [Section 581ZN(5)] [Section 581ZN] [Entire Act]

Union of India - Subsection

Section 581ZN(5)(a) in The Companies Act, 1956

(a)in the case of any such Member, to transfer his shares with the approval of the Board to any active Member thereby ceasing to continue as a Member of that company; or