Share transfer and retirement of directors

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

20 July 2015 private limited company has two director having 50% holding for both. now sir how to transfer the share as well as directorship to another two person. as both director want to retire and transfer the share, so guide me what process i should follow

Pratik Shah

Pratik Shah (Expert)
Follow

20 July 2015 You can first appoint new directors in General meeting.
Once they are appointed, in next board meeting, you can approve transfer of shares and in this board meeting itself, take note of resignation of old directors.

Ankur Garg

Ankur Garg (Expert)
Follow

21 July 2015 Agree with expert opinion.

Find below relevant procedures:

1. Procedure for appointment of Additional Director in CA 2013

https://www.caclubindia.com/articles/procedure-for-appointment-of-additional-director-in-ca-2013-20653.asp

2. Procedure for resignation of Director under Companies Act, 2013

https://www.caclubindia.com/articles/procedure-for-resignation-of-director-under-ca-2013-21155.asp#.U89qraO816Y

3. Procedure for Transfer of Shares under Companies Act, 2013

https://www.caclubindia.com/articles/procedure-for-transfer-of-shares-under-companies-act-2013-21623.asp#.VA1SK6NqOZQ

Thanks

Message likes : 1 times

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

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Rameshkumar Jain

tpksathyan narayanan

nilesh

Ashok Kumar Garg

venkateswara reddy

Subscribe Now

Share transfer and retirement of directors

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA