Transfer of shares

Dhara (Company Secretary) (298 Points)

08 September 2016  

Dear All,

 

In case of Transfer of shares on share transfer deed ie SH-4 i have following queries:

1)The date of execution will be which date??? the date of franking or later or we can mention back dated date also???

2) Board resolution for approval of transfer would be after receving transfer deed duly franked right??

3) Share certificate needs to be issued within 60days of passing BR after transfer?

4) The value of shares would be nominal/face value or we can do valuation of shares and remove value of shares?? for ex my nominal/face value is rs 10 but as per valuation my share price comes to rs19. Can i consider Rs 19 per shares and pay stamp duty as on that value?

Pls reply its a bit urgent

Thanks & Regards,

Dhara Shah