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What are Share Transfer Restrictions? (Part 2)

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In Part 1, we discussed what Share Transfer Restrictions are and how they work. Now, it's time to discuss the legal question that haunted lawyers for years until the enactment of the Companies Act, 2013: are share transfer restrictions enforceable? We spoke to Prof. Umakanth V. of the National University of Singapore and former partner at Amarchand Mangaldas on this point.

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