Should the Share Transfer Form (7B) be bought from the respective ROC only?
Reg - purchase of share transfer form 7b
Mohammed Yasar (Practicing Company Secretary) (119 Points)
29 January 2014
1 Replies
P C Agrawal
(Registered independent director Past Chairman of Aurangabad Chapter of ICSI Practicing Company Secretary at Aurangabad)
(8229 Points)
Replied 29 January 2014
No, share transfer forms can be obtained from share brokers. Section 108(1A)(a) of Companies Act 1956 requires that such form should, before it is signed by or on behalf of the transferor and before any entry is made therein, be presented to ROC/notified authority, who shall stamp or otherwise endorse thereon the date on which it is so presented.
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