Dear friends,
I've given the documents for induction of new director in our pvt ltd company, now that i want to transfer ownership by means of transfering major shareholding in the company to the new director. how do i go ahead with it?
we have not filled the original share certificates given to us by our CA.
I'm unaware about the whole idea about filling up the share certificate. its a 100 page share cert. booklet. Equity share of value INR 10 each x 100
Initially there were two directors, and the shareholding pattern was 70% and 30% respectively.
Now the new shareholding pattern will be as follows:
First Director: 5%
Second Director: 15%
Third Director: 80% (newly appointed director)
should we first fill the share certificates in our names (Director 1 & 2) and then again fill the same on the backside conveying the transfer to the new director???
Kindly help.
Thank you!
CAclubindia
