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Share transfer process

CA Peddireddy Balaji (35 Points)

21 April 2021

Is there any requirement to intimate ROC about share transfer in a private limited company?

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3 Replies

CA. Sourav Sarkar (Chartered Accountant ) (24578 Points)
Replied 21 April 2021

Generally a Private Company is guided by its Article of Association. As per Section 2(68) of Companies Act, 2013 Private Company restricts the transfer of shares and prohibit invitation to public to subscribe to any securities of the Company

Ankit Neema (2742 Points)
Replied 25 April 2021

Yes you have to give the share transfer details

2 Like

pritesh (delhi) (720 Points)
Replied 28 April 2021

Yes share transfr details should be mentioned in mgt-7

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