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1(TENDER FORM NOT TRANSFERABLE) To The Regional Manager, TGSRTC, Secunderabad Region, JBS, Picket, Secunderabad.PHOTOGRAPH OF TENDERER TO BE AFFIXED WITH SIGNATURESir, Sub: CONTRACTS Awarding of Contract
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A tender form not transferable is a legal document that allows the holder to submit an offer for the purchase of shares or securities, but it cannot be transferred to another party. It is often used to ensure that the rights and obligations associated with the tender are strictly held by the original holder.
Individuals or entities who intend to participate in a tender offer for shares or securities, and who wish to restrict the transfer of that participation to ensure compliance with specific regulations or contractual obligations, are required to file a tender form not transferable.
To fill out a tender form not transferable, the individual must provide personal or entity details such as name, address, and identification number, specify the number of securities being tendered, indicate the price being offered, and sign the form to acknowledge acceptance of the terms and conditions of the tender offer.
The purpose of a tender form not transferable is to protect the rights of the parties involved, restrict unauthorized transfer of the tender rights, assure compliance with regulatory requirements, and maintain the integrity of the tender process.
The information that must be reported on a tender form not transferable typically includes the tendering party's contact information, details of the securities being tendered, the terms of the offer, acceptance of the offer conditions, and any other relevant declarations or authorizations.
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