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transfer of share

Others 170 views 2 replies

Malobika Ghosh

112 Points Posted on 05 September 2019

If article of association do not provide to transfer share .Can share be transferred?

Replies (2)

Jatin Bajaj

CS

2942 Points Posted on 05 September 2019

Usually private Company restricts the transfer of shares. But if there is restriction in Articles of Association, the articles shall be amended first

Sai Chandu Reddy

CA Article Assisstant

159 Points Posted on 04 November 2019

There is restriction on transfer of shares in case of private limited company.If AOA is silent on. transfer of shares company cannot transfer the shares articles of company needs to be amended to provide for transfer of shares.
Hope it helps.
-Sai Chandu Reddy

CCI Pro

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