Board resolution for share transfer

Please find the draft resolution:

The Board was informed that two duly executed transfer deeds have been received by the Company for the transfer of total ………. shares as under:-

The Board scrutinized the transfer deeds and approved the transfer of shares. Thereafter the following resolution was unanimously passed:-

“RESOLVED THAT the Share Transfer as per the Share Transfer Deeds lodged with the Company comprising transfer of ….. Equity Shares be and are hereby approved for transfer to respective transferees.”

“RESOLVED FURTHER THAT the transaction be duly entered in the Share Transfer Register vide Transfer Nos. 39 and 40, share certificates be issued and that the names of transferees be entered in the Register of Members.”

The format of resolution that you have mentioned is also not wrong one.....

Dear Ankur Sir,

Thank you so much for your response. My only concern was in my resolution share transfer forms are referred like Share Transfer Applications.  Is that fine or should I change that to share transfer forms?

Also Sir, will you be please kind enough to reply to my second question?

Thanks,

ArchAngel

Find attachment as desired. Pl. check resolution in the attached file.

You may write share application application or form nothing is specific.

Furthermore, regarding your second query you need to complete the Transfer Deed in all respect.

Attestation is requied to be done in cae of thumb impressions, marks or signature difference or any other specific reasons only.

And in caes of attestation is required, it should be doneby a Magistrate, Notary Public or Special Executive Magistrate or a similar Authority holding a public office and authorised to use the seal of his office or a member of a recognised stock echange through whom the shares are introduced or a manager of athe transferor's bank.

Dear Ankur Sir,

Thank you so much for the clarification.

Thanks,

ArchAngel.