Assignment of Share is the transfer ownership of stock shares. It happens when one party officially or legally transfers its shares/stock to another party. this document is also known as the deed of Assignment of stock subscription. It is an agreement that defines the transfer of shares from assignor to assignee. Also, a third party reviews the shareholder document.
Also document mention the parties name include in the transaction, date of the contract number of stocks, category of stock as well as certification.
Why Use Assignment Of Share?
The assignment of shares is done to document the proper sales and transfer of shares from the selling party to the buying party.
Source: https://www.smartbusinessbox.com/assignment-of-share/
Comments