Share transfer in private limited company
This query is : Resolved
19 February 2013
Dear Sir
Is there any form to be filed with ROC regarding share transfer in case of Private Limited company.
Is there any form to be filed with ROC regarding share transfer in case of Private Limited company.
19 February 2013
Hi
No, no need to file any form with ROC for transfer of shares.
You only file Annual Return in ehich you will mentioned all transfer during last AGM till the date of next AGM.
No, no need to file any form with ROC for transfer of shares.
You only file Annual Return in ehich you will mentioned all transfer during last AGM till the date of next AGM.
19 February 2013
transfer of shares:
Generally articles contain the details provisions as regards the procedure for transfer of share. Usually following steps shall be followed by a private company to give effect to the transfer of shares:
a) Transferor should give notice in writing for his/her intention to transfer his/her share to the company.
b) The company in turn should notify to the members as regards the availability of shares and the price at which such share should be available to them.
c) Such price is generally determined by the director or the auditors of the company.
d) The company should also intimate to the members, the time limit with in which they should communicate their option to purchase shares on transfer.
transfer of shares:
Generally articles contain the details provisions as regards the procedure for transfer of share. Usually following steps shall be followed by a private company to give effect to the transfer of shares:
a) Transferor should give notice in writing for his/her intention to transfer his/her share to the company.
b) The company in turn should notify to the members as regards the availability of shares and the price at which such share should be available to them.
c) Such price is generally determined by the director or the auditors of the company.
d) The company should also intimate to the members, the time limit with in which they should communicate their option to purchase shares on transfer.
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19 February 2013
Agree with Ajay ji....
You are not required to file any form to intimate the transfer of shares to the ROC. The same shall be informed in Annual Return.
You are not required to file any form to intimate the transfer of shares to the ROC. The same shall be informed in Annual Return.
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