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All Jurisprudence based

0 tracked cards Labor Law and Social Legislation

A licensed recruitment corporation lawfully changes some shareholders but remains the same corporate entity. Its adviser says every share transfer is automatically the prohibited assignment of the license and no regulatory route exists. Which correction follows the 2023 rules?

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Every transfer is automatically lawful without reporting. A share transfer and a private assignment of the license are distinct; the rules regulate share changes through notification and prescribed requirements. The corporation must always become a sole proprietorship. Changing shares permits ineligible persons to control the agency.

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