+91 9990092692 | +91 9953095274 info@startup-movers.com Startupmovers
Log in Register

Login to your account

Username *
Password *
Remember Me

Create an account

Fields marked with an asterisk (*) are required.
Name *
Username *
Password *
Verify password *
Email *
Verify email *

Procedure for Transfer of Share in a Public Company

  • Thursday, 10 December 2015 13:33
  • Written by 

Section 58(2) provides that the shares or debentures and any interest therein of a public company shall be freely transferable. Usually following steps shall be followed by a private company to give effect to the transfer of shares:—

  1. Get the Share transfer deed in form SH-4 duly executed both by the transferor and the transferee.
  2. The transfer deed should bear stamps according to the Indian Stamp Act and Stamp Duty Notification in force in the State concerned. The present rate of transfer of shares is 25 Paisa for every one hundred rupees of the value of shares or part thereof. Do not forget to cancel the stamps affixed at the time or before signing of the transfer deed.
  3. The signatures of the transferor and the transferee in the share transfer deed must be witnessed by a person giving his signature, name and address.
  4. Attach the relevant share certificate or allotment letter with the share transfer deed and deliver the same to the company. The share transfer deed should be deposited with the company within sixty (60) days from the date of such execution by or on behalf of the transferor and by or on behalf of the transferee.
  5. After receipt of share transfer deed, board shall consider the same. If the documentation for transfer of share is in order, board shall register the transfer by passing a resolution.


  • Comment Link Benny Tuesday, 27 June 2017 04:53 posted by Benny

    When I originally commented I appear to have clicked on the -Notify me
    when new comments are added- checkbox and from now on every
    time a comment is added I receive four emails with the same comment.
    Perhaps there is an easy method you are able to remove me from that service?
    Appreciate it!

  • Comment Link Ron Tuesday, 27 June 2017 04:12 posted by Ron

    I visited various web pages however the audio
    feature for audio songs current at this website is truly

  • Comment Link Elden Tuesday, 27 June 2017 03:51 posted by Elden

    It's an remarkable post for all the web people; they will obtain advantage from it I am sure.

  • Comment Link Margie Tuesday, 27 June 2017 03:44 posted by Margie

    If you wish for to increase your familiarity only keep visiting this
    web page and be updated with the most up-to-date gossip posted here.

  • Comment Link Andra Tuesday, 27 June 2017 03:43 posted by Andra

    This design is spectacular! You definitely know how to keep
    a reader entertained. Between your wit and your videos, I was almost moved
    to start my own blog (well, almost...HaHa!) Wonderful job.
    I really enjoyed what you had to say, and more than that,
    how you presented it. Too cool!

  • Comment Link Onita Tuesday, 27 June 2017 03:17 posted by Onita

    It entirely possible that our life will probably be colorless without having a computer.

  • Comment Link Hanna Tuesday, 27 June 2017 03:14 posted by Hanna

    I got this web page from my buddy who informed
    me about this web page and at the moment this time I am browsing this web site and reading very informative articles here.

  • Comment Link Gena Tuesday, 27 June 2017 03:00 posted by Gena

    Hi there, just wanted to tell you, I liked this blog post.
    It was funny. Keep on posting!

  • Comment Link Dwayne Tuesday, 27 June 2017 02:56 posted by Dwayne

    Very soon this web page will be famous among all blogging and site-building
    users, due to it's pleasant posts

  • Comment Link Mason Tuesday, 27 June 2017 02:46 posted by Mason

    Nice post. I used to be checking continuously this
    blog and I am inspired! Very useful info specifically the remaining phase :
    ) I maintain such info a lot. I used to be looking for this particular information for a long time.
    Thank you and best of luck.

Leave a comment

Make sure you enter the (*) required information where indicated. HTML code is not allowed.