Hi,
what would be effective date of share transfer, is it a date of meeting where share transfer approves or a date mentioned in SH 4.
please clarify.
2 Replies
CA. Sourav Sarkar
(Chartered Accountant )
(24588 Points)
Replied 26 April 2021
Transfer becomes effective only on registration of such shares by the company. The company shall deliver the share certificate within 1 month from the receipt by the company's instrument related to transfer. The instrument of transfer must be endorsed with the respective name of the transferee.
Dev Yadav
(student)
(116 Points)
Replied 27 April 2021
Date on which name of shareholders has entered in ROM
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