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Shares for new director..

This query is : Resolved 
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(Querist)
11 May 2012 Hello Friends,

I have added as an additional director to a pvt ltd company and as per the board meeting directors decided to transfer 15% of shares on my name. Please let me know the procedures to complete this task and is there any shares added once I became director. Please advise.

Thanks
Uma
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Ajay Mishra

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Ajay Mishra (Expert)
11 May 2012 Hi

Please confirm whether director hold shares of the company and it is on director discrition to transfer his shares and no need to approved by Board.
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