Share transfer

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CA. Dheeraj jain (Querist)
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21 January 2016 there are 4 director in ABC & Co. and 2 two Director Want to resignation from director post... and both Are transfer the share to another present director... soo what are formalities should be fullfil?
and what statutory forms shuold be filled in companies act 2013?

please guide.. its urgent

regards
Dheeraj jain

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)
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21 January 2016 An instrument of transfer of securities held in physical form shall be in Form No. SH.4 and every instrument of transfer with the date of its execution specified thereon shall be delivered to the company within sixty (60) days from the date of such execution.

Stamp duty for transfer of shares is 25 paise for every Rs. 100 or part thereof of the value of shares as per Notification No. SO 130(E), dated 28-01-2004 issued by the Ministry of Finance, Department of Revenue

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