Share transfer in private limited company

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Rahul J Sangani (Querist)
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19 February 2013 Dear Sir

Is there any form to be filed with ROC regarding share transfer in case of Private Limited company.

Ajay Mishra

Ajay Mishra (Expert)
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19 February 2013 Hi

No, no need to file any form with ROC for transfer of shares.

You only file Annual Return in ehich you will mentioned all transfer during last AGM till the date of next AGM.

Ajay Mishra

Ajay Mishra (Expert)
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19 February 2013
transfer of shares:

Generally articles contain the details provisions as regards the procedure for transfer of share. Usually following steps shall be followed by a private company to give effect to the transfer of shares:
a) Transferor should give notice in writing for his/her intention to transfer his/her share to the company.
b) The company in turn should notify to the members as regards the availability of shares and the price at which such share should be available to them.
c) Such price is generally determined by the director or the auditors of the company.
d) The company should also intimate to the members, the time limit with in which they should communicate their option to purchase shares on transfer.

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CS Ankur Srivastava

CS Ankur Srivastava (Expert)
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19 February 2013 Agree with Ajay ji....

You are not required to file any form to intimate the transfer of shares to the ROC. The same shall be informed in Annual Return.

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