Annual returns

Save Share

This query is : Open

pankaj (Querist)
Follow

30 October 2010 plz tell me that what is "DATE OF REGISTERATION OF TRANSFER OF SHARES"
is it date of presentation of transfer deed to roc or date of submission of deed to company?

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
Follow

30 October 2010 Form 7B is the share transfer form to be executed between the transferer and transferee and that should be given to the company concerned thereby no need arises to file the same before ROC.

Message likes : 1 times

Ajay Mishra

Ajay Mishra (Expert)
Follow

01 November 2010 Agreed with Sir.....

The date of registration of transfer will be effective on the date on which the company Board Meeting take in to effect and made entry in the register of transfer.

Other views are also solicited.

Regards

Message likes : 1 times

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
Follow

01 November 2010 Yes. Agreed with Mishra Ji. A transfer between transferor and the transferee is not effective until the transfer is registered in the company's register.
Citation :- LIC of India Vs. Escorts Ltd (1986) 59 C.Cases 548 (Sc).

Ajay Mishra

Ajay Mishra (Expert)
Follow

01 November 2010 Thank You Sir.....

pankaj

pankaj (Querist)
Follow

01 November 2010 thannnnkkk to both of u..........

Jiten Gupta

Jiten Gupta (Expert)
Follow

25 June 2014 Dear Ajay Sir and Warrier Sir,

Where Equity shares are transferred from Resident to NRI on Non-Repatriable basis, is there some need of reporting/pricing guidelines to be followed?

Regards

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now