Ad Free CAclubindia and Daily Updates on your Mobile. Subscribe Now!

Share transfer deed(7b) registration

Murali (Articled Assistant) (76 Points)

08 November 2011

Dear Experts,

Can you please let me know the procedure for the Registration of Share Transfer Deed (Form 7B) for a Pvt Ltd company.

Reply
Follow
Share

12 Replies

Deepak Maharishi (CS) (514 Points)
Replied 10 November 2011

Hi,

Do you mean registration of share transfer.

The transfer deed needs to be filled and signed by the parties. It should be presented to the Company within 2 months from the date that is put within a red colored circle (to recognise practically)

Its actually the date of presentation before the concerned authority which is ROC in this case.

After receiving the duly filled share transfer deed, the company is required to pass a resolution for approval of the transfer.

Necessary endorsement are also required to be made in the share certificates post the approval of the Board.

Let me know if i understood your query correctly.

regds

Upgrade to CAclubindia Pro. Subscribe Now!

Murali (Articled Assistant) (76 Points)
Replied 10 November 2011

Deepak Sir,

Thanks for your reply

Yes, it is regarding Registration of Share Transfer only.

Whether presentation to ROC needs to be done physically or requires to file any E-form online?

Please let me know the procedure in detail.

Thanking you.........

SUNIL KUMAR JAIN (PRACTISING COMPANY SECRETARY) (187 Points)
Replied 10 November 2011

Dear Mr. Murali,

You are not required to file any form or present share transfer form to ROC. You are simply required to purchase share transfer forms from Stock Exchange/Share broker.

Regards,

Sunil K Jain

Practising Company Secretary

skj13 @ rediffmail.com; 9810104162

RAHUL (expert) (28 Points)
Replied 21 April 2012

Dear Sir,

Kindly advise whether Form 7B need to be approved by RoC or any other prescribed authority or not.

NIRAJ GOEL (PROP.) (107 Points)
Replied 21 April 2012

Dear Friend

You need to purchase the share transfer form from stock exchange over this there is already a stamp of Roc.

fil this form, get signed by parties and witness.

submit this form with share certificates to company. In case the BOD approve the trasnfer, that BM date will be the effective date of transfer.

hope it is clear

Upgrade to CAclubindia Pro. Subscribe Now!

RAHUL (expert) (28 Points)
Replied 21 April 2012

thank u so much niraj..

RAHUL (expert) (28 Points)
Replied 23 April 2012

Dear Sir,

i want to endorse my share transfer deed by RoC is there any provision that transfer deed need to be endorsed by RoC where registered office of company is eastblished.

CA. Huma Khan (member of ICAI) (66 Points)
Replied 13 May 2013

hii...

i have made mistake in the name of the transferee while filing form 7b. this i came to know later on but before the approval in BM. kindly let me know how should I rectify for the same in form 7b.

ALKA DABAS (Others) (94 Points)
Replied 13 May 2013

Sunil Sir, I am total agreed with u, But one qustion has come in mind if puchase 7b blank foam form market which was not stamped by roc and then we fill it by both party by the puchase & Seller and withness also. then it should be need to stamping form roc . how it should be possible to stamping form. actuly I want to know what is the use of 7b form without stamping, which is available in the market

CS MOHIT SALUJA (PRACTICING CS Jalandhar 9914558709) (5155 Points)
Replied 13 May 2013

Dear Alka, Form 7 b, if not stamped by the ROC, is not in any case acceptable. The form 7 b has to be used within 2 months in case of Private Limited Companies from the date on which it is stamped and within 1 year in case of public limited companies.

Dear huma, you can just rectify the mistake in Form 7 B, either by using the new Form 7 B or by just putting whitener over the wrongly written name.

2 Like

Upgrade to CAclubindia Pro. Subscribe Now!

Parth Sanghavi (Student) (21 Points)
Replied 09 April 2014

Is It Necessary to fill Share transfer form in black pen or any other particular color pen??? and is it also compulsary that to fill it in capital or small alphabet????