Share transfer.

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Ankur Sachdeva (Querist)
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23 April 2012 Dear Experts plz suggest.
I want to transfer shares in financial year 2011-12. The Annual Return in form 20B has been filed to ROC for financial year 2010-11 in oct 11. Can i transfer shares for financial year 2011-12 now and if yes what is the procedure? Is it compulsory to inform ROC regarding transfer of shares .....if yes then by what means? Thnx a lot for your guidance in advance.

Ajay Mishra

Ajay Mishra (Expert)
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23 April 2012 Hi

In case of Annual Return of the company the details of shareholders and transfer was given from the date of last AGM till the date of AGM.

In your case for the FY 2010-11 your return details will be upto the date of AGM (Not date of filing).

You are allowed to give effect transfer for the FY 2011-12 after the date of last AGM till the AGM to be held for the FY 2011-12.

Regards