Transfer of shares in pvt. ltd.
This query is : Resolved
18 May 2015
Could anyone explain me the procedure of transfer of shares from one director (being resigned from co.) to another(one,getting appointed in place of the former) in case of pvt. ltd.
As in what forms & attachments should be filed with ROC?
18 May 2015
Hi,
An instrument of transfer ( Form SH-4 of the Companies (Share Capital and Debenture ) Rules 2014, (ie; erstwhile Form 7B),duly stamped and dated, and executed by or on behalf of the transferor and transferee showing the name , address and occupation of transferee (for entering in the register of members) has to be delivered to the company by either of the transferor or the transferee within a period of 60 days from the date of execution alongwith the share certificate or letter of allotment (if there are no share certificates)
The details of transfer have to be mentioned in the Annual Return filed with ROC (for the respective financial year) in Form MGT-7 of the Companies (Management and Administration ) Rules, 2014 (erstwhile Form 20B) . Stamp duty to be paid by affixing Revenue Stamps of equivalent value as prescribed by the Stamp Act of the respective State where the transfer is executed.
An instrument of transfer ( Form SH-4 of the Companies (Share Capital and Debenture ) Rules 2014, (ie; erstwhile Form 7B),duly stamped and dated, and executed by or on behalf of the transferor and transferee showing the name , address and occupation of transferee (for entering in the register of members) has to be delivered to the company by either of the transferor or the transferee within a period of 60 days from the date of execution alongwith the share certificate or letter of allotment (if there are no share certificates)
The details of transfer have to be mentioned in the Annual Return filed with ROC (for the respective financial year) in Form MGT-7 of the Companies (Management and Administration ) Rules, 2014 (erstwhile Form 20B) . Stamp duty to be paid by affixing Revenue Stamps of equivalent value as prescribed by the Stamp Act of the respective State where the transfer is executed.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Taxable or Tax exempt
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- ITDS U/S.194T of Firm
- NRI starting business in India
- ADVANCE PAYMENT OF ADVOCATE
- CREDIT NOTES WITHOUT GST
- FORM 141 SDV query
- Eway bill not cancelled within 24 hous what can be due
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- Sales of goods of amount Rs97 lakhs to a party
- GST rate and HSN code for sale of racing horses
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
