Share certificate

follow thw link below, yow will get the features of Shares Certificate

/forum/share-certificate-176622.asp

The Share Certificate is in two parts....The counterfoil and share certifiacte

The counterfoil is kept with the Company for records whereas the Certificate is given to the Shareholder.

As far as the Transfer of share is Concerned, Share Transfer Form in form 7B is executed duly Stanped as per Stamp Act (.50 paisa of the value of Shares transferred) signed by the transferor and transferee and witnesses specifying the name, Adresses and Occupation alongwith Share Cetificate to the Company for the proposed Transfer. The Board will approve the same and thereafter will make necessary entries in the Register of Transfer. This is how the transfer is effected.

Hope the above explanation will help you..

*Rate of Stamp duty *

Stamp duty for transfer of shares is 25 paise for every Rs. 100 or part thereof of the value of shares as per Notification No. SO 130(E), dated 28-01-2004 issued by the Ministry of Finance, Department of Revenue, New Delhi.

*Rate of Stamp duty *

Stamp duty for transfer of shares is 25 paise for every Rs. 100 or part thereof of the value of shares as per Notification No. SO 130(E), dated 28-01-2004 issued by the Ministry of Finance, Department of Revenue, New Delhi.

Procedure of Share Transfer:

Please send original share certificate along with duly executed transfer deed to the Company.

The company will record the same in duly executed board meeting and make entries in the Register of Members.

The issue of share certificates are govern under the Companies (Issue of Share Certificates) Rules, 1986.

The certificate is to be signed by the 2 Director and Authorised Signatory / Secretary of the Company.

The entry of transfer shall be noted on the back side of the Certificate.

Thanks Ankur for Correction...