Transfer of shares in physical form
This query is : Resolved
26 March 2012
FRNDS..,
MY PARENTS ACQUIRED 900 SHARES JOINTLY IN 2003 ISSUED BY ANDHRA BANK THROUGH MCS LTD(STOCK BROKING CO). I NEED DETAILED PROCEDURE FOR GETTING THOSE SHARES TRANSFERED ON MY NAME.
MY PARENTS ACQUIRED 900 SHARES JOINTLY IN 2003 ISSUED BY ANDHRA BANK THROUGH MCS LTD(STOCK BROKING CO). I NEED DETAILED PROCEDURE FOR GETTING THOSE SHARES TRANSFERED ON MY NAME.
26 March 2012
Hi
Please informed, whether you have demat account or not in your name?
Please informed, whether you have demat account or not in your name?
26 March 2012
To transfer shares in your name, your parents will have to fill transfer deed. In the transfer deed, they will have to mention that the shares are being transferred in your name. With the duly filled in transfer deed, you will have to attach the share certificate and send it to the share transfer agent of Andhra Bank. They will transfer the shares the shares in your name. This process may take 10 to 15 days. The entire process explained is for physical shares. Please do not forget to pay stamp duty which you will need to stick on transfer deed.
26 March 2012
Thank u Mr.vivek sharma & Ajay mishra.I'm having DEMAT a/c .Is it possible to open demat a/c jointly on my parents name & dematerialise those shares and transfr it to my account.
26 March 2012
Hi
You can open joint account and its your solely name depend on you.
You can open joint account and its your solely name depend on you.
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
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- PAYMENT NOT SEND IN 180 DAYS
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
