Hi everyone,
If shares of Private Limited company is transferred and Sale consideration is received in month of April 2014 but paper work like registration of transfer deed (Form SH-4) , payment of Stamp duty ect. Is pending. In such case what should be the date of execution of Share Transfer deed? Is it okay if Share Transfer Deed is executed in March 2015.??
I totally unaware about procedure for Transfer of Shares, please provide valuable guidance.
Following are my further doubt relating to Transfer of Shares of Private Limited Co. as per Company Act 2013
- What is current rate of Stamp Duty to be paid on Transfer of Shares?
- Where I have to pay Stamp Duty ? I am located in Mumbai so where to pay stamp duty?
- If payment of stamp duty is same like Franking then do I have to go to Bank and get the Transfer Deed franked?
- Which are other document along with Share Transfer Deed to be submitted to ROC?
- What step company have to take in case of transfer of shares like which resolution to be passed in company?
Awaiting for your replies.
CAclubindia
