Excellent article Mr. Ankur....could you also confirm, in case of public companies, the valuation can be taken at the current market price of the securities. Also, where should we make the stamp duty payment?
I'm new to this shares & share transfer, currently, my chairman is going to do a share transfer of 10000 shares value is 1.30lac, existing share certificate is of value Rs 5lac how to do what to please guide me
Please clarify the following query;
1. A Shareholder has 500000 shares, Can he gift 150000 shares to his relative and 150000 shares transfer to outsider for Rs.160 per share..
Is it possible to transfer at a same time.
Please suggest me.. what I have to do??