Share Transfer Form

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

13 January 2011 Pls let me know, what are the penal provisions if the Share Transfer Form does not have the Government of India & Date stamp affixed on it...

will d transfer on such share transfer form will be valid???

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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13 January 2011 If date is not endorsed, the instrument is 'not complete' as per section 108(10 of the Companies Act,1956 ,meaning thereby it is a case of bad delivery and the company would be entitled to refuse the registration of transfer.

Querist : Anonymous

Querist : Anonymous (Querist)

13 January 2011 can anything to be done, to make the transfer of shares valid???

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