Form with which a corporation may alter the amount of outstanding shares issued by the corporation.
Change Ownership Of Shares In Middlesex
State:
Multi-State
County:
Middlesex
Control #:
US-0034-CR
Format:
Word;
Rich Text
Instant download
Description
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FAQ
A person who gives his signature, name and address as approval for transfer must see the transferor and the transferee sign the share/debentures transfer deed in person. The relevant share/debenture certificate or allotment letter with the transfer deed must be attached and sent to the company.
To transfer shares you will need to: Remove shares from an existing shareholder by selecting 'Change' or 'Cease'. Complete details and select 'Next'. Add shares to an existing shareholder by selecting 'Change' or add them to a new shareholder by selecting 'Add a new member to the register'.
For being about to transfer shares, the shareholder would require the board members' approval and the approval of all the other shareholders in the company. Once this is done, the share transfer form is filled in, and the new share certificate is issued ingly to the person getting the shares.
Share transfer deed must be duly stamped and delivered to the company along with certificate relating to shares transferred. Any instrument of transfer which is not in conformity with these provisions cannot be accepted by the company. Share transfer in physical mode is executed with the help of Form " SH-4".
You can find out who your company's transfer agent is by contacting its investor relations department. Then, the transfer agent will have you send in any paper stock certificates you have, along with a letter of instruction to instruct it on how to change the ownership of the stock.
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.
Restrictions on the transfer of shares. Before you transfer or sell shares, you must make sure that you follow any rules that are set out in the Articles of Incorporation and in the corporate By-laws. There may be restrictions on who can buy or sell shares, or on how many shares can be transferred.