09 December 2009
Sir, Can i get the complete procedure for trsansfer of sahres of a Private Co., amongst its directors . Also I will be requiring the resolution for such transfer. thanks
11 December 2009
well first of all pass a Board Resolution for transfer of shares. 2. prepare the share transfer form and it should be properly stamped.
3. on back of share certificate fill up the details of transfer and get the signature of Authorised signatory first and then relevant director.
4. make necessary entry in transfer register.
TRANSFER OF SHARES Board Resolution:
The Chairperson placed before the Board the Share Transfer Register and other related document for approval of the transfer of shares of the Company. The matter was discussed and following resolution was passed unanimously:
“RESOLVED that the following transfer of shares as appearing in the register of transfer placed before the Board and initialed by the Chairperson for the purpose of identification be and is hereby approved.â€
“FURTHER RESOLVED that Company Secretary of the company be and is hereby authorized to make necessary entries in the appropriate register and to do all other necessary act in this regard.â€
S.No. Date of Registration of Transfer No. of Equity Shares Name of the Transferor Ledger Folio No.Transferor Name of the Transferee Ledger Folio No.Transferee
mention relevant details in tabular format.
Other views are also invited.
Regards
Querist :
Anonymous
Querist :
Anonymous
(Querist)
11 December 2009
Thanks mam for clearing my querry, the above procedure seems to be very helpful.
CAclubindia
