Approve Signatory Share Transfer Agreement Template For Free - Share Transfer Template

How to Transfer Shares of a Private Limited Company Step 1: Obtain share transfer deed in the prescribed format. Step 2: Execute the share transfer deed duly signed by the Transferor and Transferee. Step 3: Stamp the share transfer deed as per the Indian Stamp Act and Stamp Duty Notification in force in the State.

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.

Transfer of shares is the voluntary act of passing on the ownership of shares to another individual. It can occur for various reasons, such as the need for capital for the transferor or a gift for the transferor's dear ones. The transfer completion is subject to approval from the company's board of directors.

Documents Required For Transfer of Shares Original Share Certificate of share to be transferred. Certificate of Stamp duty payment (Franking) on issue of share certificate. Valuation and the share transfer agreement. Share transfer form duly signed by the parties. ID and address proof of the transferor and transferee.

A shareholder can sell or give away shares to anyone unless the company's articles impose an effective restriction, or the shareholder has agreed not to transfer them or to deal with them in some other way in a binding contract.

Documents Required For Transfer of Shares in Private Limited Company Share certificate. Board resolution for verifying the Transferor's notice. Transferor's notice to the company. Offer letter sent. Objection letter from the existing shareholders. Share transfer agreement form along with the stamp duty returned.

I/ We hereby request the Company to kindly consider my/ our request for transmission of the aforesaid shares in my/ our name on the basis of execution of Affidavit and Indemnity Bond without submitting any of the aforesaid legal documents. Please send the specimen of the said documents to be executed by me/ us.