05 January 2012
What is the time limit for presenting duly filled and complete share transfer form before the company from the date of presenting to the prescribed authority i.e.RoC?
05 January 2012
A duly executed Transfer form shall be delivered to the company for registration of the transfer, together with related certificate(s) of shares or the letter of allotment-
(i) in the case of transfer of shares of a company whose shares are listed - At any time before the date on which the register of members is closed for the first time after the date on which the form was presented to the prescribed authority for dating or within 12 months from the date of such presentation, whichever is later
(ii) in case of transfer of shares of any other company- within 2 months from the date of presentation of the form to the prescribed authority.--Section 108 (1A)(b)