Share transfer

This query is : Resolved

Share Report Follow Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

19 September 2011 How to Transfer Shares held in Physical Form, not getting Share Transfer Deed/??

vignesh

vignesh (Expert)
Follow

19 September 2011 Dear Sir,

First of all, you must buy Share Transfer Form (7B) to make effective transfer between the persons which the shares are held in physically. Ensure the total value of the shares and calculate the stamp duty 0.25 paise for every hundred rupees value of shares. Get the 7B form signed from the transferor and the transferee and the authorised signatory.

Querist : Anonymous

Querist : Anonymous (Querist)

19 September 2011 From Where to get Form 7B , iam unable to get the same as Local Stock Exchange don`t have the same.

Whether Photocopy or Online Downloaded form valid.

Whether stamp duty 0.25 is same all over India???

vignesh

vignesh (Expert)
Follow

19 September 2011 Dear Sir,

You can get the share transfer form (7B) from the RoC or local stamp vendors (some may have). The stamp duty is common all over india. You cannot download from website bec it comes with the RoC seal and date.

Querist : Anonymous

Querist : Anonymous (Querist)

20 September 2011 Whether Local Stock Exchange don`t keep the same??
If we required to pay any fees to ROC for the same???

vignesh

vignesh (Expert)
Follow

20 September 2011 The Share Transfer Form may costs Rs.5/form. I dont sure about the available of Form - 7B in local stock exchange, bec those transfers are done through demat format. You can check it. Thus you can avail through RoC or you can check your local stamp vendor about the form.

Message likes : 1 times