PRACTICING CS Jalandhar 9914558709
5155 Points
Joined April 2010
Dear Sunil Ji,
MOA Will not be chnaged in such case as the subscriber means who had subscribed the shares at tie of incorporation. so when you transfer the shares then is such case, first subscribers still remain the same.
For transfer of shares, you have to go by the articles of your company. Generally in Private limited companies, the person who want to transfer the shares, intimate the company about his willingness of selling the saheres. The company then inform the existing shareholders to buy such shares. and if within stipulated time, the existing shareholders does not buy, the transferror can sell the shares to any one else to whom he want to sell.