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Replace Value Choice to the Share Transfer Agreement

Replace Value Choice to the Share Transfer Agreement

Aug 6th, 2022

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

Can I stop another shareholder transferring their shares to someone else?

This will not be the case if they are deadlocked or inquorate. For example, in a two person company, if one of them proposes to transfer his shares, the other cannot stop the transfer as s/he cannot pass a resolution to that effect. The discretion to refuse a transfer is not a power given to the shareholders.

Can you amend a stock transfer form?

If the proposed amendment is to be made before the stock transfer form has taken legal effect, then manuscript amendment may be possible.

Can you backdate a stock transfer form?

Documents relating to share transfers must not be backdated.

Can you transfer share options?

Another person transfers the share or option to that person other than, in the case of a share, by issuing the share to that person. In the case of a share, another person allots the share to that person. In the case of an option, another person confers the option on, or otherwise creates the option in, that person.

Do I need to tell Companies House about share transfers?

You must tell Companies House about any changes to your companys share structure that you make outside your confirmation statement. You may need a special resolution to change your companys share structure.

Is a stock transfer form a legal document?

A share transfer form, also called a stock transfer form, is a legal form used to transfer shares in a company from an existing shareholder to a new person or company.

Who is responsible for stock transfer form?

The share transfer form should be signed by the person transferring the shares. Usually, is the seller or sellers, as all joint holders should sign to transfer a joint shareholding. There are a few situations where someone else may sign Stock Transfer Forms: The legal personal representatives.

What is the deadline for submitting the stock transfer form?

If you cannot email your stock transfer form, send a photocopy by post to the below address. You must keep the original signed document for your records. The deadline for paying the stamp duty due is 30 days after the share transaction takes place.

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