Share transfer and appointment of director
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 October 2011
What is the procedure of appointment of director and share transfer in unlisted Limited company
CS Pawan Kumar Baid
(Expert)
25 October 2011
Appointment of Director: -
Regular Directors are appointed in General Meeting. 2/3 of total directors are covered under this procedure. These directors shall hold office for 3 years. (1/3 of the 2/3 shall retire every year)
Additional directors can be appointed in BoD meeting.
Transfer of Share: -
Form 7B (duly stamped by RoC) is to be filled and signed by both parties is to be putted before BoD. By resolution shares are transferred.
This form 7B is valid till 2 months from RoC date stamp.
Regards
CS Pawan
Regular Directors are appointed in General Meeting. 2/3 of total directors are covered under this procedure. These directors shall hold office for 3 years. (1/3 of the 2/3 shall retire every year)
Additional directors can be appointed in BoD meeting.
Transfer of Share: -
Form 7B (duly stamped by RoC) is to be filled and signed by both parties is to be putted before BoD. By resolution shares are transferred.
This form 7B is valid till 2 months from RoC date stamp.
Regards
CS Pawan
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