***Uegent*****Please Help
This query is : Resolved
CA. Deepak
(Querist)
08 February 2010
Hi
Sir/madam,
My friend's father have some shares in ABC co. Ltd. and the share certificate in Physical form. The shares are original shares i.e. these are issued shares. Now my friend wants to transfer all these shares to his name in Dmat A/c as he has Dmat A/c but His father does not have Dmat a/c. Meanwhile the co. has declared bonus and the bonus certificate are also held by his father.So the question is : -
1) In transfer deed he should write the full amount of shares including bonus as the share certificate and bonus certificate are different.
2) he should use one share tranfer form or 2 for share certificate and for bonus.
Plase reply.
Sir/madam,
My friend's father have some shares in ABC co. Ltd. and the share certificate in Physical form. The shares are original shares i.e. these are issued shares. Now my friend wants to transfer all these shares to his name in Dmat A/c as he has Dmat A/c but His father does not have Dmat a/c. Meanwhile the co. has declared bonus and the bonus certificate are also held by his father.So the question is : -
1) In transfer deed he should write the full amount of shares including bonus as the share certificate and bonus certificate are different.
2) he should use one share tranfer form or 2 for share certificate and for bonus.
Plase reply.
CA Amit Kumar Hallen
(Expert)
08 February 2010
In one share transfer form you can fill 10 share certificate if the transferors folo no. is same for all the share certificate. Further you have to fill the full amount of share.
CA Amit Kumar Hallen
(Expert)
08 February 2010
In one share transfer form you can fill 10 share certificate if the transferors folo no. is same for all the share certificate. Further you have to fill the full amount of share.
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