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It usually be the seller (or sellers, as all joint holders should sign to transfer a joint shareholding), but there are a few instances where someone else may sign stock transfer forms here: The legal personal representatives should sign on behalf of the estate of a deceased shareholder.
Form J10 Stock Transfer Form - is used for the transfer of nil or partly paid shares. Also it is used to transfer shares when both signatories are present as both the transferor and the transferee are required to sign this form.
The good news is that you don't need a share purchase agreement as a seller to transfer shares; you only need a Stock Transfer Form. However, in some cases, a buyer and seller may want additional legal terms to apply to the transfer of shares.
In form SH-4, Transferee's name(s) should be filled same as mentioned in their PAN CARD. There should not be any difference of any letter or word due to whatsoever reason. 4. In case any of Transferor(s) is deceased then write DECEASED in place of his/her signature and attach notarized or original death certificate.
Don't use correction fluid or stick labels on the form. 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.