Which form to be filed for share transfer?
As per section 56 of the Companies Act, 2013 read with Rule 11 of the Companies (Share Capital and Debentures) Rules, 2014, a transferee is required to send Form SH-4 to the Company within 60 days from the date of execution of share transfer agreement along with the share transfer certificate.
How do I fill out a share transfer form?
Dont use correction fluid or stick labels on the form. 1 Consideration money. 2 Full name of Undertaking. 3 Full description of Security. 4 Number or amount of Shares, Stock or other security. 5 Name(s) and address of registered holder(s) 6 Signature(s) 7 Name(s) and address of person(s) receiving the shares.
What is a share transfer agreement?
What is a Shares Transfer Agreement? A shares transfer agreement, also known as a stock purchase agreement, is an legal document used to transfer the ownership of shares of stock. The party transferring shares could be a person or a company.
How do you draft a share transfer agreement?
2.1 Subject to the terms of this Agreement and in consideration of the Purchase Price(as defined herein below), the Sellers hereby agree to sell, transfer and deliver the Sale Shares to the Purchasers, and the Purchasers hereby agree to purchase, acquire and accept from the Sellers, the Sale Shares together with all
How do I transfer shares from individual to company?
Get the share transfer deed as required. Execute the transfer of shares duly signed by the transferor and transferee. Have a witness sign the share transfer deed with his/her signature, name and address. Stamp the share transfer deed in compliance with the Indian stamp act and the state stamp duty notice.
What are the features of share purchase agreement?
A share purchase agreement is a contract between a company and an investor who is buying shares. The agreement specifies things like what type of shares are being purchased, the number of shares in total, when theyll be released, and at what price.
What details are required for transfer of shares?
Step 1: Obtain share transfer deed in the prescribed format. Step 2: Execute the share transfer deed duly signed by the Transferor and Transferee. Step 3: Stamp the share transfer deed as per the Indian Stamp Act and Stamp Duty Notification in force in the State.
What are the key clauses in share purchase agreement?
Warranties, Guarantees, Indemnities, and Covenants are all key clauses of the Share Purchase Agreement.
How to fill share transfer form sh 4?
SH-4 should be Duly stamped. Dated. Specifying the Name, Fatehr Name, Address and Occupation, if any, of the transferee Transferor. Folio No. Distinctive No, Certificate No. of Share Transfer. Nominal Value of Shares, Consideration Received. Executed by or on behalf of the transferor and the transferee and
What are the 3 primary clauses of share transfer agreement?
Ownership, Dividends, and Return of Capital The key clauses that should be included in any stock purchase agreement are: Ownership: The type of ownership will determine the rights and obligations, including who has voting power.
