30 December 2012
Is there any specific rule that the Share Transfer form i.e Form 7B is to be presented to the concerned ROC only i.e where the company is registered for the purpose of stamping or endorsing thereon the date of such presentation? If Form 7B to transfer the shares of a pvt ltd co registered in Uttar Pradesh is presented to ROC Delhi where the transferor or transferee resides to get it stamped and dated and the shares transferred on the basis of this transfer deed whether this transfer shall be deemed as invalid. Kindly guide me on the issue.
05 January 2013
Form No 7 B is to be stamped at the valuation of the consideration arrived at and thereafter after filling up the form the same is to be lodged with the company. You should keep proof of despatch of the share certificate and form No 7B.