28 May 2008
Can I know the procedure to be followed for transferring shares without consideration for a pvt. ltd. & public ltd. company?? (If shares are gifted)
03 June 2008
if ur question was not related to company issue and u meant to transfer shares held be a person to another person, the receiver need to send ur share certificates to company alongwith share transfer form duly signed by u and receiver. then co. will issue new certificate in his name. it will not ask abt consideration.
if u have shares i dmat form, u can give instructions to ur depository to transfer the shares in a/c of receiver. he will do it without asking abt remuneration.
CAclubindia
