Manchester United confirmed the transfer of shares to Cubic Expression Co . Ltd ., an investment company owned by Irish racing figures J . P . McManus and John Magnier.
42.
Firstly, the Companies Act prevents the transfer of shares / debentures, or the appointment of new directors, once a company becomes subject to a winding up order-unless ordered by the court.
43.
Accordingly, all dispositions of property or transfers of shares made between the time of the lodging of the petition and the making of the order are set aside unless the court orders.
44.
However, this transfer of shares was stalled when the federal government demanded that Saindak Metals first repay PKR 29 Billion to the federal government which the government had invested in Saindak Metals.
45.
Moreover, he said, most lawyers who represent co-op boards will not permit the transfer of shares held by a surviving spouse without some assurance that the deceased spouse's estate was properly distributed.
46.
Although a transfer of shares in the WHH companies would have required State approval under the rules in force at the time for protecting state assets, the shares in Jinjia were not covered.
47.
Investment bankers say the idea is to smooth the transfer of shares by investors who bought in search of a rapid profit to investors who will hold the stock for a longer time.
48.
J Sainsbury plc was informed on 5 December 2006 by Lord Sainsbury of Preston Candover, that he no longer holds a reportable interest in the Company following the transfer of shares within his family.
49.
Moscow's chief bailiff, Svetlana Kukushkina, told The Associated Press they were executing an order issued last week by a Moscow court to bar transfer of shares pending the outcome of the dispute with Gazprom.
50.
Weinstein said that such reactions are not entirely unwarranted, that there are indeed concerns that must be addressed before a co-op can consent to the transfer of shares to a trust of any kind.
