transfer of shares by way of gift
This query is : Resolved
05 October 2010
for transfer of shares by way of gift is the execution of gift deed is mandatory? if yes den will the non execution of the same have any effect for filing the annual returns with ROC?
06 October 2010
Hi
Transfer of shares by way of gift will be registered by company only when, the transferor/ transferee submit gift deed and share certificate to company, otherwise transfer will not take effect.
You can not file annual return unless you have not taken effect of such transfer with ROC.
Regards
Transfer of shares by way of gift will be registered by company only when, the transferor/ transferee submit gift deed and share certificate to company, otherwise transfer will not take effect.
You can not file annual return unless you have not taken effect of such transfer with ROC.
Regards
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