cover image: Career Lecture Series  No. 12. Share-Market  13th March  1939

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Career Lecture Series No. 12. Share-Market 13th March 1939

1939

The selling member will have to prepare a bill at the rate transacted adding thereto the value of the stamps and send the shares along with the Transfer Deed and the bill tacked therewith to the office of the buyer through a Darwan within the Delivery Hours, namely 4 p. m. [...] Within the twinkling of an eye you have got to check up the shares, ascertain from the numbers on the scrip as to whether it is 100 or 200 or 500; whether the numbers on the scrip and on the bill tally or not ; whether the name of the registered holder letter by letter tallies within the seller's signature on the Transfer Deed; whether there is any uninitialled alteration on the Transfer Deed or n [...] You should keep your own delivery bill all filled up and ready leaving only the numbers of the shares blank, so as to enable you to despatch the shares to your buyers in the minimum of time only after filling up the numbers of the scrips in your bill. [...] Through the slot the paper reaches the officers of the department sitting inside the room who chalk up the quotation on the black wooden panels displaying the same to the members at large. [...] The Quotations Sub-Committee then, if it is thought fit, allows dealings in the shares of the particular company to be recorded and the name of the Company to be incorporated in the Official Quotations.
commerce industry
Pages
25
Published in
India
SARF Document ID
sarf.100014
Segment Pages Author Actions
Frontmatter
i-i J. M. Dutt view
Career Lecture Series No. 12. Share-Market 13th March 1939
1-23 J. M. Dutt view
Backmatter
i-i J. M. Dutt view

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