Share transaction related questions

Hello,

I have following queries:

 

1)      Is it compulsory that all share transfer transactions of an unlisted public/private company be routed through broker registered with SEBI?

2)      If my father gives me his physical shares of any public limited company by signing Share Transfer Form and then I directly submit the documents to company’s Registrar & Transfer Agent or in house Share Transfer Department of the Company. Do I need to go through broker for this off market transaction?

3)       What kind of fees are to be paid to SEBI or anyone (if any) for such off market transaction?

4)      If I submit the copy of change of ownership documents to registrar of this public company of such off market transaction and if company do not update their registry and subsequently not pay me dividends what recourse I can take? 

Even if you know answer of 1 question please let me know.

Thanks,

Bhaumik

 

Replies (2)

Answer to 

1. When it not listed company there is no question of  sebi and transfer agent

2.What ever the stamp duty is reqd it enough to pay, then submit it to the company to enter into register of members

3. no fees to be paid to sebi for off market transactions

4. You can communicate it with company for payment of divident, since you have a share certificate 

Thank You very much Anil.

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