Share Transfer

Dear All, Unlisted Public Company has alloted shares of Rs. 10 each at Rs. 20 each. Now one share holder of the company wish to transfer his shares in May. Following are some queries: 1. Is it neccessary to make transfer at the same rate at which allotment was made so recently.or transfer price will be decided at the wish of trasferor and transferee? 2. If the shares are transfered at a price higher than face value then Stamp Duty on transfer will be calculated on Face Value or on such higher price per share? 3. Is it neccessary to pay the consideration in cash to Trasderor by Trasferee? Is is possible to pay the part consideration in cash and part consideration as ' repayment of loan of transferor'? Regards, Pooja