Transfer of share means voluntary transfer of share by one to another through any contract or Agreement . Shares of the company are transferrable like any movable property but subject to restriction under AOA of the company .
Procedure for Share Transfer as per the Companies Act, 2013
Draft transfer deed in the prescribed form i.e. Form SH-4
Execute Such transfer deed by signing of both the parties along with the Stamp duty i.e. 0.25% of value of shares .
Such Transfer deed send to the company along with a application requesting transfer of shares .
After got such transfer deed company will approve such application after duly verification of documents and signature.
Such transfer deed After got approved by Board of Director of the Company , the company Will record this transaction in its Register .
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