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The person selling the shares (often called the 'transferor') should complete their details on the stock transfer form, including their name and address as well as identifying the shares to be transferred, and then sign it.
The Form SH-4 for transfer of share needs to be duly stamped, with adequate value, dated and executed by or on behalf of the transferor and the transferee.
The restriction basically embodies the principle that if a shareholder of a private company wishes to sell some shares, the existing shareholders have a right to be offered these shares first and on their refusal or failure to act within the given time, the shares can be sold to a third party.
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.
A share certificate is issued and endorsed, to the transferee within one month of the receipt of the Instrument of Transfer.
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A Share Transfer is the process of transferring existing shares from one person to another, either by sale or gift, rather than issuing new shares. Typically, shares are transferred to bring a new key business partner on board.
Documents Required For Transfer of Shares 1. Original Share Certificate of share to be transferred. 2. Certificate of Stamp duty payment (Franking) on issue of share certificate.
How to complete a stock transfer form in 10 Steps 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.
How to Transfer Shares of a Private Limited Company 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.
Shares Security Deed means a document creating security over the share capital in the Borrower in the agreed form.

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