Procedure for transfer of shares under the companies act, 2013

CS CHARU VINAYAK | Last updated: 07 July 2020

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Transferring shares under the Companies Act, 2013 involves a specific procedure to ensure legal compliance. This includes obtaining and correctly executing a transfer deed (Form SH-4), ensuring it's properly stamped according to the Indian Stamp Act, and that signatures are witnessed. The transfer deed, along with share certificates, must be submitted to the company. For listed companies, there are additional requirements, including SEBI regulations and no fees for registration.

PROCEDURE FOR TRANSFER OF SHARES UNDER THE COMPANIES ACT, 2013 The following procedure to be followed for transfer of Shares: Obtain the transfer deed in the prescribed form i.e. Form SH-4, endorsed by the prescribed authority. The instrument of transfer may not be in the prescribed form in the following cases: Shares transferred by a director or nominee on behalf of another body corporate under section187 of the Companies Act, 2013; Shares transferred by a

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1 Year PLAN

1999

(Excl. of GST ₹359)

BEST VALUE

2 Years PLAN

3499

(Excl. of GST ₹629)

3 Months PLAN

999

(Excl. of GST ₹179)

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About the Author

CS CHARU VINAYAK

PROP AT AMIT VINAYAK & ASSOCIATES

Charu Vinayak is a post-graduate and fellow member of the Institute of Company Secretaries of India. She worked as a practicing company secretary for a period of about 10years since 2009, having hand in all type of corporate-legal-matters inter alia having professional excellence in matters of company incorporation ... Read more

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