Share Transfer in Private Ltd Co- Using SH-4
This query is : Resolved
01 May 2020
In a Private Ltd Co., having 3 shareholders, say for example A:B:C hold Rs. 50,000 each as paid up capital, total amounting to Rs. 1,50,000.
Now Mr. C wants to transfer all his shares worth Rs. 50,000 to Mr. D.
So, in this situation I would like to know few things to complete the procedure,
1. Should Mr. D transfer Rs. 50,000 to Mr. C's personal account or to the Company ?
2. SH-4 form once duly executed by the transferor and transferee, do we need to file PAS-3 or any other ROC compliance for the share transfer ?
Please guide me on this matter. Thank you.
Now Mr. C wants to transfer all his shares worth Rs. 50,000 to Mr. D.
So, in this situation I would like to know few things to complete the procedure,
1. Should Mr. D transfer Rs. 50,000 to Mr. C's personal account or to the Company ?
2. SH-4 form once duly executed by the transferor and transferee, do we need to file PAS-3 or any other ROC compliance for the share transfer ?
Please guide me on this matter. Thank you.
02 May 2020
1. c's personal account as C sale his shares and not the company
2. duly stamped and executed deed presented to the company to enter D's name is the register of member
2. duly stamped and executed deed presented to the company to enter D's name is the register of member
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