Transfer of shares in Pvt Company.

This is a gist only, transfer the shares as it was at initial issue I.e., face value, premium or at discount. As per companies act 2013, for PVt. company

Procedure For Transfer Of Shares Of Private Ltd. Companies:

Such restriction on transfer of shares, if one adds any is to protect the interest of shareholders and other security holders. Section 56 of Companies Act 2013 provides that the transfer of shares of the company and other securities will be registered by a company only when a proper instrument for transfer of shares (share transfer form) is filed as prescribed in Form No. SH 4. You need to duly stamp the SH 4 format for transfer of share with adequate value and date. Also, one can execute it by or on behalf of the transferor and the transferee. One needs to send Form SH 4 to the company by the transferor or the transferee of the shares within 60 days from the date of execution, of the share transfer agreement. Along with the share transfer certificate or certificate relating to securities. In case there is no such share transfer certificate, then one must send the application for transfer of shares along with the letter of allotment of securities. Also, one must obtain a ‘No Objection Letter’ from the buyer within two weeks from the date of receipt of a notice.

that’s great,I believe you know the fairvalue of shares to be sold for consideration, initial private issue and the realisation of money into bank and capital a/c and impact of premium and discount an ownership Interest impacted because issue methods. Finally another compliance that I read about is the stamp duty fees which falls under section 12 if I can remember properly.

https://www.indiafilings.com/learn/share-transfer-procedure-private-limited-company/