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Partly share transfer

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Shefali Gupta

104 Points Posted on 12 July 2022

please suggest can a shareholder transfer his/her share partly as a gift?

Replies (4)

Quick Summary

Yes, a shareholder can gift a portion of their shares. This involves first splitting the existing share certificate with the company's approval. Following this, a gift deed and share transfer form (SH-4) must be executed and submitted to the company for registration of the transfer.

Guest

Yes, a shareholder can transfer any amount of their shares as gift by executing a gift deed and share transfer deed.

Shefali Gupta

104 Points Posted on 12 July 2022

If a shareholder holding 1000 shares then firstly need to split the share certificate and then can transfer the partly share by way of gift to spouse.

Guest

Well yes, first a letter to be sent by shareholder to Company asking for certificate split. Then Company shall pass a board resolution and issue new certificates in the proportion required. Then execute the gift deed, SH-4 and present to the Company for registration of share transfer.