Correct mark in the Share Transfer Agreement Template

Aug 6th, 2022
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I/ We hereby request the Company to kindly consider my/ our request for transmission of the aforesaid shares in my/ our name on the basis of execution of Affidavit and Indemnity Bond without submitting any of the aforesaid legal documents. Please send the specimen of the said documents to be executed by me/ us.
The documents youll need for a share transfer are: Share Purchase Agreement. Preemption Notice. You only need this if other shareholders have preemption rights. Deed of Adherence. You only need this if the buyer is not already a shareholder. Board Resolution. J30 Form. Share Certificate.
Documents Required for Transfer of Shares The original shareholder list and stock certificates. The Articles of Incorporation of the corporation. The Bylaws or shareholder agreement of the corporation. The ID and address proof of the transferor and transferee.
Execute an instrument in form SH-4 along with stamp duty. It should be duly signed by both the transferor and transferee, and it should be given to the Company within 60 days from the date of execution instrument. Company should check Articles (AoA) for provisions for the transfer of shares.
The shares transfer agreement specifies the terms and conditions of the sale. The agreement normally contains: Details about the party transferring the shares. Consideration (what is being given to the seller in exchange for the shares - usually money); and.
This transfer doesnt usually lead to an immediate tax obligation, meaning no tax is levied for merely changing the ownership. However, the trust, which now owns the stock, may become liable for taxes on dividends and capital gains from the stock.
The following are the core elements of a share transfer agreement : Definition of transfer of shares. Definition of consideration of shares. Date of transfer. Purchase price. Payment. Liability. Creditors. Representations and warranties.
company must issue a new share certificate to the buyer; seller of the shares must destroy its old share certificates; and. company must record in its members register that the shares are transferred.

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