Transfer of shares of a Private Limited Co.
Jayanti Dey (Practicing Company Secretary) (271 Points)
31 March 2011
1 Replies
Komal Gupta
(Company Secretary)
(57 Points)
Replied 31 March 2011
Dear Jayanti, Same a public company a transfer can be executed in a pvt company by executing a share transfer deed between transferor and transferee.
An additional compliance of ariticles of association is to be done, for eg: obtaining a consent for transfer from other shareholders or sending a notice to other shareholders informing about the said transfer.
Best regards
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