Provisions relating to Transfer of Shares of Listed and unlisted companies

Affluence Advisory | Last updated: 08 June 2023

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This article outlines the rules for transferring shares in different types of companies. For listed companies, only shares held in demat form can be transferred, while physical shares are restricted except in specific offers. Unlisted public companies require shares to be in demat form for transfers post-October 2018, processed through depositories. Private companies, however, still permit the transfer of physical shares, following a specific procedure involving an instrument of transfer and company approval.

Nature of Company Whether transfer of shares allowed and if yes in what form? Provisions Listed Company (Equity listed) Transfer of shares held in physical form is not allowed. Transfer of shares held in demat for

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Why Affluence Advisory for any Tax Compliance services? Affluence Advisory Pvt Ltdis a multi-disciplinary consulting and compliance firm that is managed by a specialized team of Chartered Accountants, Company Secretaries, Corporate Lawyers, and Other Professionals who are committed to providing a quality experience ... Read more

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