Company: TOP
Filing Date: 2025-04-04
Form Type: POS AM
Source: 0001213900-25-029013
Chunk: 50

Company: TOP Financial Group Ltd
Filing Date: 2025-04-04
Form: POS AM
Chunk 50
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 amended and restated memorandum and articles of association.

Transfer of ordinary shares

Subject to the restrictions in our amended and
restated memorandum and articles of association and applicable securities laws, any of our shareholders may transfer all or any of his
or her Class A ordinary shares and Class B ordinary shares by written instrument of transfer signed by the transferor and containing
the name of the transferee. Our board of directors may resolve by resolution to refuse or delay the registration of the transfer of any
Class A ordinary share or Class B ordinary share without giving any reason.

Winding up

If we are wound up and the assets available
for distribution among our shareholders are more than sufficient to repay the whole of the paid-up capital at the commencement of the
winding up, the excess shall be distributable among those shareholders in proportion to the capital paid up at the commencement of the
winding up on the shares held by them respectively. If we are wound up and the assets available for distribution among the shareholders
as such are insufficient to repay the whole of the paid-up capital, such assets shall be distributed so that, as nearly as may be, the
losses shall be borne by the shareholders in proportion to the capital paid up at the commencement of the winding up on the shares held
by them, respectively. If we are wound up, the liquidator may with the sanction of a special resolution and any other sanction required
by the Companies Act, divide among our shareholders in specie or kind the whole or any part of our assets (whether they shall consist
of property of the same kind or not), and may, for such purpose, set such value as the liquidator deems fair upon any property to be
divided and may determine how such division shall be carried out as between the shareholders or different classes of shareholders.

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The liquidator may with the like sanction
also vest the whole or any part of these assets in trusts for the benefit of the shareholders as the liquidator shall, with the like
sanction, think fit, but so that no shareholder will be compelled to accept any shares or other securities upon which there is a liability.

Calls on Ordinary Shares and Forfeiture of Ordinary Shares

Our board of directors may from time to time
make calls upon shareholders for any amounts unpaid on their Class A ordinary shares and Class B ordinary shares in a notice served to
such shareholders at least one month prior to the specified time of payment. The Class A ordinary shares and Class