Shareholding transfer in private co.
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 January 2014
Hello everyone,
here is my query
in a private company, there is 5 shareholders and 2 out of them holding 56% shares. now both wants to transferring its whole shareholding to other members.
So what is the procedure,legal requirement and documents to be filled?
and also what if there is only 2 shareholders in company and they wants to transfer their shareholding?
Thanks in advance
here is my query
in a private company, there is 5 shareholders and 2 out of them holding 56% shares. now both wants to transferring its whole shareholding to other members.
So what is the procedure,legal requirement and documents to be filled?
and also what if there is only 2 shareholders in company and they wants to transfer their shareholding?
Thanks in advance
04 January 2014
The transferees have to execute the transfer deeds seperately (Form 7B)(remember its validity for private company is for two months) alongwith share certificates issued and share transfer stamps and require to lodge them with the Company.
The Company, after receiving approves the transfer if signatures are matched with record and sent back to the address entered at the back side of transfer deed.
Thereafter Company updates the members register accordingly.
If only two members are their and they wants to transfer the entire shareholding, then the same procedure is required but minimum number of members in pvt. ltd. company in any case needs to have two.
The Company, after receiving approves the transfer if signatures are matched with record and sent back to the address entered at the back side of transfer deed.
Thereafter Company updates the members register accordingly.
If only two members are their and they wants to transfer the entire shareholding, then the same procedure is required but minimum number of members in pvt. ltd. company in any case needs to have two.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation of fixed assets- coop housing society in mumbai
- ADVANCE PAYMENT OF ADVOCATE
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- TDS on Consultancy- Non DTAA
- TDS Return Q1 FY 2026-27
- Condonation . E-Verification of last year return .
- CREDIT NOTES WITHOUT GST
- UNWANTED CREDIT BALANCE OF GST AS PER BOOKS
- GST rate and HSN code for sale of racing horses
- DIN reactivation
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
