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File requisite Form with RBI on Firms Portal within 60 days of the receipt of the consideration. The obligation to file such Form with RBI is on resident shareholder whether transferor or transferee . Convene a meeting of the Board of the Directors to consider and approve transfer of shares and record the same.
SH-4 should be Duly stamped. Dated. Specifying the Name, Fatehr Name, Address and Occupation, if any, of the transferee & Transferor. Folio No. ... Distinctive No, Certificate No. ... of Share Transfer. Nominal Value of Shares, Consideration Received. Executed by or on behalf of the transferor and the transferee and '
The following are the core elements of a share transfer agreement : Definition of transfer of shares. Definition of consideration of shares. Date of transfer. Purchase price. Payment. Liability. Creditors. Representations and warranties.
Share transfers process and documents AGREEMENT FOR THE SALE OF SHARES. The seller and the buyer agree to the sale and purchase of the shares. ... TRANSFER FORM. A stock transfer form is a standard document used to transfer existing shares. ... APPROVING REGISTRATION OF THE TRANSFER. ... ISSUING A SHARE CERTIFICATE TO THE TRANSFEREE.
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.