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23), the court held that stock certificates are made negotiable instruments by a statute making them transferable against the world by delivery with a written transfer of the certificate or a written power to sell, assign and transfer the same (the provisions of which statute are substantially the same as our former
What Documents are required for share transfer ?Income Tax PAN of both the transferee and the transferor.Passport size colour Photo of both the transferee and the transferor.Aadhaar Card or Electricity Bill or Passport or Driving License or Voter ID Card of both the transferee and the transferor.More items...
How to complete a stock transfer form in 10 Steps1 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.More items...?
There is no law that you need to have it witnessed or notarized, but it does not hurt to do this. You should also have a board resolution reflecting this stock transfer to you.
Requirements for a Stock PowerAll owners must sign the form and generally have their signatures guaranteed with a medallion signature guarantee. In some cases, if a stock power is too old, it might be rejected.