Transfer of shares

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

13 July 2015 Do we have to purchase Share transfer form from any Stock exchange for registering transfer of shares in case of private company OR can a company simply use format as per Form SH-4 on plain paper and approve the transfer of shares.??

Pratik Shah

Pratik Shah (Expert)
Follow

14 July 2015 No..no need to buy Share transfer form.
You need to use simple format of SH-4 for transfer of shares. But please ensure that you pay proper stamp duty through valid route over it.

Just for your knowledge, if parties are executing transfer in Mumbai, then first you need to pay stamp duty through gras.mahakosh.gov.in website by generating Challan. Then, you need to carry this challan alongwith SH-4 to General Stamp Office. They will do franking over SH-4.

Message likes : 2 times

Querist : Anonymous

Querist : Anonymous (Querist)

15 July 2015 How do i value the shares of a private company or transfer can be taken place on nominal value of shares?

Pratik Shah

Pratik Shah (Expert)
Follow

15 July 2015 there is no restriction on value of share transfer in the Act. It is like a buying-selling between two parties. it completely depends upon the transferor and transferee. If they want to transfer shares on face value, that can also be possible.

Message likes : 1 times

Pratik Shah

Pratik Shah (Expert)
Follow

15 July 2015 Transfer of shares is a contract between two parties (transferor and transferee). The company has nothing to do with the price of it. the role of a company in the transfer is to register it.

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

saurabh sawlani

atul kumar soni

office docs

Sreekumar J Pai

MURALIKRISHNA EDDANAPUDI

Subscribe Now

Transfer of shares

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