Dear Friends,
Kindly tell me whether transfer deed SH-4 is required when shares are transferred through sale purchase agreement with NRI investor in Pvt Ltd Co.
Thanks
Swati Sharma (TRAINEE) (328 Points)
19 May 2015Dear Friends,
Kindly tell me whether transfer deed SH-4 is required when shares are transferred through sale purchase agreement with NRI investor in Pvt Ltd Co.
Thanks
P C Agrawal
(Registered independent director Past Chairman of Aurangabad Chapter of ICSI Practicing Company Secretary at Aurangabad)
(8229 Points)
Replied 19 May 2015
Yes, it is mandatory u/s 56(1).
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