Three Months Ago, Bill Agreed with Nixon to Transfer His

Three months ago, Bill agreed with Nixon to transfer his shares in Watergate Ltd to Nixon, to be held on trust for the benefit of his nephew, George. Bill asked his secretary, Monika, to ensure that the shares were transferred to Nixon and the transfer registered, but this was never done. Bill is now in severe financial difficulties and wishes to recover and sell the shares in Watergate Ltd to be able to pay off his creditors. Bill may:

A) Recover the shares, as there was no valid transfer of the legal title in the shares to Nixon (the would-be trustee) .
B) Not be able to recover the shares, as he clearly intended that George should benefit, and equity will give effect to that intention.
C) Not be able to recover the shares, as Bill had done all he could do as settlor to transfer the shares effectively, and the outstanding act is that of a third party.
D) Recover the shares, as this was an inter vivos transaction that has not been completed.