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Shares Transfer

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*Government fee on actual

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Shares Transfer

The name of the company can be changed after it has been incorporated. A company can change its name in case of a change in business, ownership, management etc. The change in the company name will not have any impact on its existence as a corporate entity. A company can change its name with the approval of shareholders in the general meeting & by making necessary filings with the Ministry of Corporate Affair.
Procedure for transfer of shares:-
  • Seller should give notice to the company for his intention to transfer the shares.
  • Now company would notify his members about the transfer offer, if no member is interested in buying it than only transfer would be processed.
  • Now if transfer is to processed than prepare form SH-4 duly signed by both the seller and the buyer and should be stamped and should be handed over to the company
  • This share transfer deed should be witnessed by any person and should be signed by that person along with name and address.
  • The last step is to attach the share certificate or allotment letter whichever is available and deliver the same to the company within 60 days from the date of execution.
  • The last step is to attach the share certificate or allotment letter whichever is available and deliver the same to the company within 60 days from the date of execution.
It is mandatory to comply the provision of Act in each and every aspect. So, Tax return wala can help you in this regard.

Company’s Act