Transfer of shares of list co by way of gift

 For the purpose of making a gift of moveable property, the transfer may be effected either by a registered instrument signed by or on behalf of the donor, and attested by at least two witnesses. or by delivery.

Movable property includes Shares.

As it is a listed Company , transfer of share by gift should be effected through registered Gift Deed.

Other views are solicited.

Transfer of registered shares
(1) Subject to section 71, registered shares are transferred by a written instrument of transfer
signed by the transferor and containing the name and address of the transferee.
(2) The instrument of transfer shall also be signed by the transferee if registration as a holder
of the share imposes a liability to the company on the transferee.
(3) The instrument of transfer of a registered share shall be sent to the company for
registration.
(4) Subject to the memorandum or articles and section 67, the company shall, on receipt of
an instrument of transfer, enter the name of the transferee of the share in the register of members
unless the directors resolve to refuse or delay the registration of the transfer for reasons that shall
be specified in the resolution.

Hi

Proprietor Ship Name Registration Chesukovalante emi Cheyali

For the  transfer of shares from father to son, a gift deed is required be executed.

Executed gift deed along with share transfer form duly affixed stamp duty and share certificate required to be deposited at COmpany/RTA office for effecting transfer.

Thanks & Regards

Cs Rajeev Nayak

M-09873457184