Share Transfer in Private Ltd Co- Using SH-4

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Rahul (Querist)
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01 May 2020 In a Private Ltd Co., having 3 shareholders, say for example A:B:C hold Rs. 50,000 each as paid up capital, total amounting to Rs. 1,50,000.

Now Mr. C wants to transfer all his shares worth Rs. 50,000 to Mr. D.

So, in this situation I would like to know few things to complete the procedure,

1. Should Mr. D transfer Rs. 50,000 to Mr. C's personal account or to the Company ?
2. SH-4 form once duly executed by the transferor and transferee, do we need to file PAS-3 or any other ROC compliance for the share transfer ?

Please guide me on this matter. Thank you.

c.bakshi

c.bakshi (Expert)
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02 May 2020 1. c's personal account as C sale his shares and not the company
2. duly stamped and executed deed presented to the company to enter D's name is the register of member

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