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.
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