share transfer
This query is : Resolved
CA. Santosh Jain
(Querist)
25 November 2008
One director who is subscriber of share in MOA of a pvt. ltd. wants to transfer the share to new appointed director, in such case what will be procedure ?
26 November 2008
1) Check whether the AOA permits such transfer.
2) If so convene board meeting and pass resolution for transfer.
3) Execute share transfer form.
4)Make endorsement in share certificate and hand over to transferee.
2) If so convene board meeting and pass resolution for transfer.
3) Execute share transfer form.
4)Make endorsement in share certificate and hand over to transferee.
CA. Santosh Jain
(Querist)
26 November 2008
Is it required to file any form with ROC?
15 December 2008
No Form is required to be filed with ROC in case of transfer of shares.
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