Share transfer procedure

For transfer of shares a transfer deed is properly executed. The transferor and transferee will sign the deed in presence of a witness and proper stamp duty must be affixed over such transfer deed. Stamp duty varies according to the state. The signatures of transferor must have been properly attested by the Notary or the Bank Manager where the transfereor's account is operating. then , the transferee will hand over such transfer deed to the company and request for removing the name of the transferor from the list of member and to include the transferee's name.