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
1 Replies
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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