Tranfer of shares in pvt ltd company

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Querist : Anonymous

Querist : Anonymous (Querist)

08 May 2013 M/s ABC Pvt Ltd has two directors and the directors are also the shareholders of the company in 50:50 ratio. Now one director wants to acquire the shares of another director mutually. Do we need to file any documents with the ROC for intimating the transfer? And what all extra formalities need to complied with, if any?
Thanks

Ankur Garg

Ankur Garg (Expert)
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08 May 2013 Please go through my article regarding transfer of share which is available at the link mentioned below:

https://www.caclubindia.com/articles/transfer-of-shares-procedural-analysis-4692.asp

At the time of transfer only board meeting resolution is required to approve the transfer. There is no need to intimate ROC At the time of transfer. At the time of filing annual return of the company, list of transfer held during the year should be given.

Ankur Garg

Ankur Garg (Expert)
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08 May 2013 Also go through the link given below:

https://www.caclubindia.com/experts/transfer-of-shares-in-pvt-ltd-company-1176279.asp

Thanks

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