Share transfer

How transfer of shares can be effected without approval of Board of Directors of the subsidiary company?

the holding company is in USA and it did not intimate its subsidiary and transfered the shares to another company

As mentioned by Agrawal Sir, it is not possible to transfer shares without approval of Board of Directors of Subsidiary Company. If you are saying that transfer is already done in 2013, then it can not be valid transfer, unless approval of Board of Directors.

So, what can we do in this case.