Moa subscriber

Yes, you can transfer 100% of your shares to the subscriber of this Company and you can exit from the membership subject to the condition that a new person should sign the agreement to become the member of the company and name of such person shall be entered in the register of Member of the Company ( AS PER SECTION 2 (55) (ii)) of Companies Act 2013.

In the above situation both the criteria will be fulfilled , Firstly the Public Company will have minimum of 7 members after you will exit, i.e a new member will be employed without giving any share and Secondally you can easilly exit from membership and transfer 100 % of the Shares to the Subscriber of the Company.