BUYING SHARES FROM A SHAREHOLDER

Others 339 views 2 replies

If a director wants to buy shares from another shareholder of a private company what will be the minimum price at which he can buy ? the book value as per the last balance sheet or some additions are to be made?

Will the formalities change if the transfer is between two shareholders ?

Replies (2)
The Transferor and Transferee shall follow the process as detailed in the Company's Articles of Association read with Section 56 of the Companies Act, 2013. The consideration shall be fixed in accordance with Rule 11UA of the Income Tax Rules, 1962. The formalities shall be the same regardless.
Physical purchase is barred.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details