Missing share transfer deed from private company

No need to worry in this case as the transfer deeds are not valid. the reason is as under:

Section 108 provides that a company shall not register a transfer of shares of, the

company, unless a proper transfer deed in Form 7B as given in the Companies (Central

Government's) General Rules and Forms, 1956 duly stamped and executed by or on

behalf of the transferor and by or on behalf of the transferee and specifying the name,

address and occupation, if any, of the transferee, has been delivered to the company,

alongwith the certificate relating to the shares, or if no such certificate is in existence,

alongwith the letter of allotment of the shares.

As per sub-section 1A of section 108, form 7B is required to be presented before the Roc who will sign, stamp and put the date on the transfer deed. This is known as presentation. The transfer deed are required to be delivered to the company for registration within two months from the date of such presentation.