Share transfer procedure for a Private limited company
Share Transfer procedure has been simplified in the new companies Act 2013
SH 4, now will have to be presented to Board of directors of the company within 60 days of its execution where the Board of the company will approve the same and record the execution of such transfer/ register the transfer of shares. And hence, the company will issue share certificate within 1 month of the date of receipt of instrument of transfer/ transmission.
The form need not be submitted to the ROC.
there is no change in stamp duty it is 0.25% of value of shares.
form 4 can be downloaded from MCA website as and when needed.
SH 4, now will have to be presented to Board of directors of the company within 60 days of its execution where the Board of the company will approve the same and record the execution of such transfer/ register the transfer of shares. And hence, the company will issue share certificate within 1 month of the date of receipt of instrument of transfer/ transmission.
The form need not be submitted to the ROC.
there is no change in stamp duty it is 0.25% of value of shares.
form 4 can be downloaded from MCA website as and when needed.
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