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sohail (Querist)

05 February 2009 we have a private company in which their are 4 directors, out which 2 directors are retiring and their share is taken by one of the director , i wanted know along with form 32 what should i file with mca, and what are the attachments to form 32.is their any other form should i file for transfer of share and I wanted to know for transfer of share we have to pay any stamp duty . I want to know about qualification of share. please reply me soon

chintan

chintan (Expert)

05 February 2009 Dear Sir,

In case of Resignation of Director Form 32 is required to be filed with MCA. Resignation Letter duly signed from the resigning director is required to be attached to Form 32. In case of transfer of shares, no form is required to be filed with MCA. Only share transfer form is required to be filed and stamp duty at rate of .25 paise per every Rs. 100/-is required to be affixed. There is no such requirement in Company Law regarding holding of qualification shares.

sohail

sohail (Querist)

06 February 2009 Thank you MR chintan. i really did't expect replay will be given on same day.thank thank you very much.

thank you sir,

your's faithfully
sohail

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