ankit jain (CS trainee) (152 Points)
19 November 2010Dear All,
Which date will be considered as date of registration of transfer in case of transfer made in a pvt. co.?
Thanks in advance
CA.SKR
(CA; CS-Final (One Group); DISA (ICAI); Insolvency Professional)
(442 Points)
Replied 25 November 2010
The transfer deed in case of a pvt. limited company is valid only for 2 months from the date of stamping on it. Hence, it is to submitted within 2 months to the company. Thereafter, company will call board meeting and approve the transfer of shares. This date of BOD meeting will be treated as date of registration of transfer.
CAclubindia
