Transfer shares to husband and brother


IN VASHANTHAN (CA STUDENT)     11 November 2014

IN VASHANTHAN
CA STUDENT 
 2 likes  46 points

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Greetings, 

There are 5 shareholders in a pvt ltd company. One shareholder wants to transfer her shares to her brother and husband who are also shareholders in the same company. Is it possible to transfer shares specifically to them or options have to be given to all shareholders. Is it possible to gift her shares to the same ?

kindly advice. 

avater

P C Agrawal (Vice President (Corporate))     29 November 2014

P C Agrawal
Vice President (Corporate) 
 822 likes  8060 points

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Subject to  the provisions of your Articles, shares can be transferred.  No need to  give option to all shareholders.  Gift is also  possible.

 

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