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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.
Even if a share purchase agreement or sale agreement is used to set out the terms of the share transfer, you will always need a separate share transfer form to legally transfer the shares.
The share transfer form should be signed by the person transferring the shares. Usually, is the seller or sellers, as all joint holders should sign to transfer a joint shareholding. There are a few situations where someone else may sign Stock Transfer Forms: The legal personal representatives.
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 share transfer form should be signed by the person transferring the shares. Usually, is the seller or sellers, as all joint holders should sign to transfer a joint shareholding. There are a few situations where someone else may sign Stock Transfer Forms: The legal personal representatives.