Transfer of sahres of a Pvt. Co.

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

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

Aditya

CS Vandana Kacholia

CS Vandana Kacholia (Expert)
Follow

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:

â€œRESOLVED 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€

â€œFURTHER 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.

Regards
Aditya

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