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337,AMBEY VELLY ARCADE OPP.SENTOSA HEIGHTS,UTRAN Chorasi Surat GJ 394105 IN

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+91 94094 94121

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Share Transfer

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Complete By*:

Complete by date is automatically calculated based on the average time its takes a client to complete the service when all the documents are submitted and the Government platform is working seamlessly. The complete by date is subject to change from client to client based on various factors.

Share transfer from one person to another person or one person to many or many to one person.

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Pricing Summary

Market Price: ₹8000
IGLI FINANCIAL: ₹5907 excl.GST
 : ₹6899 incl.GST
GST Credit: ₹992
You Save: ₹2093(26%)
Government Fee: Including

    Overview

    The ownership of a Private Limited Company in India is decided by the shareholding of the Company. For inducting new investors or transferring the ownership of the company the shares of the company need to be transferred. The company’s interest could be sold to attract new investors or to pass the control of the company.

    An important characteristic of the company is that the shares can be transferred. The shares or the debentures are movable property, they are transferable as they are provided by the articles of the company, especially the shares of any members of a public company.

    The share transfer is possible only through a contract or arrangement between two or more persons. The provisions of the Companies Act majorly deal with the transfer and the transmission of the securities. The transmission of the securities due to death, succession, inheritance, bankruptcy, etc. The transfer of securities is possible through any contract or arrangement between two or more persons. The provisions of the Companies Act deals with the transfer and the transmission of the securities.

    Transmissions of the securities mean the loss of titles on these securities due to death, succession, inheritance, bankruptcy, etc.

    Transfer of shares means handing the rights and possibly the duties of a company member voluntarily. The rights and the duties of the share transfer happen from the shareholder who is wishing to not be a member of the company anymore to a person who is willing to be a member of the company.

    Process

    There are certain restrictions over the transfer of the shares of the Private lImited company the following procedure should be followed to transfer the shares:

    • At first, it is necessary to obtain the share transfer deed as required in the prescribed format
    • This deed needs to be duly signed by the transferor and the transferee.
    • Stamp this transfer of share transfer deed with his or her name, address, and signature.
    • The transfer document or the allocation letter is to be attached to the share certificate and sent to the company
    • The company should process the paperwork and the transferor should be granted a new certificate in case if it is accepted.
    • The transferor will request the company to transfer his shares.
    • A notice will be sent by the company to all the existing members that the above-mentioned shareholder has shown the intention to transfer the shares.
    • In case if no existing member has shown interest in the company then the company will intimate the transferor that he can sell his shares to a nonmember.

    Then the transferor will transfer the shares by the following process:

    Form SH-4: This is the most important instrument of transfer through which the process is initiated. The transferor will have to submit the SH4 that is duly executed, dated, and stamped to the company. The SH4 contains the following information:

    • Execution date
    • CIN of the company
    • Name of the Company
    • Class of the securities
    • Nominal value/ Amount called up/ Amount paid up of the securities.
    • The securities that are to be transferred at a consideration or Rs… Distinctive no. of shares, certificate no.
    • Name of the transferor along with his Folio No, Signature. Also the same should be witnessed.
    • Name of the transferee along with the details like Father’s name, address, Email id, occupation, Folio, Signature.
    • The instrument of the transfer should be duly stamped as per the Indian Stamp Act. of 1899.
    • Once all the details are submitted then the same company will see if everything is in place and will register the same. A share certificate is issued and endorsed, to the transferee within one month of the receipt of the Instrument of Transfer.

    FAQs

    Transfer of shares is referred voluntary handing over the rights and possibly the duties of a company member.

    People involved in share transfer are: A subscriber to the memorandum The legal representative in case of the deceased Transferor Transferee Company ( Whether listed/ unlisted)

    The penalty for a company a minimum default of Rs.25,000 and a maximum of Rs.5,00,000.

    Email

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    +91 9409494483

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    ©Copyright IGLI FINANCIAL PRIVATE LIMITED. All rights reserved.

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    Premium LEDGERS Accounting Software with GST Portal Integration and eWay Bill Software.
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    • Upto 4 name options can be given in 1 RUN name approval request.
    • Authorised capital is the amount of shares a company can issue at anytime and can be increased further in the future. Paid-up capital is the amount invested by shareholder and can be even Rs.2.
    • Additional Directors can be added for an additional price of Rs.1199 - if DSC & DIN is available. In case no DIN or DSC is available, cost for adding additional Director will be Rs.2,199 inclusive of GST.
    • Additional authorised capital can be purchased if requried at time of incorporation.
    • Digital signatures from eMudhra with 2 year validity along with ePass 2003 token
    • Statutory Auditor fee is payable on actuals directly to the Independent Auditor appointed by the Board of Directors. IGLI FINANCIAL will only be responsible for accounting, preparation of financial statements and filing of returns on behalf of the Company.
    • In case of incorporation in Madhya Pradesh, an additional stamp duty of Rs.7500 will be applicable. In case of incorporation in Punjab, an additional stamp duty of Rs.10, 000 will be applicable. In case of Kerala, an additional stamp duty of Rs.3000 will be applicable.
    • Upto 4 name options can be given in 1 RUN name approval request.
    • Authorised capital is the amount of shares a company can issue at anytime and can be increased further in the future. Paid-up capital is the amount invested by shareholder and can be even Rs.2.
    • Additional Directors can be added for an additional price of Rs.1199 - if DSC & DIN is available. In case no DIN or DSC is available, cost for adding additional Director will be Rs.2,199 inclusive of GST.
    • Additional authorised capital can be purchased if requried at time of incorporation.
    • Digital signatures from eMudhra with 2 year validity along with ePass 2003 token
    • Statutory Auditor fee is payable on actuals directly to the Independent Auditor appointed by the Board of Directors. IGLI FINANCIAL will only be responsible for accounting, preparation of financial statements and filing of returns on behalf of the Company.
    • In case of incorporation in Madhya Pradesh, an additional stamp duty of Rs.7500 will be applicable. In case of incorporation in Punjab, an additional stamp duty of Rs.10, 000 will be applicable. In case of Kerala, an additional stamp duty of Rs.3000 will be applicable.
    • Government Fee & Stamp Duty* ( Limited Including )
    • 2 Digital signatures from eMudhra with 2 year validity along with ePass 2003 token.Second List Item
    • Upto 4 name options can be given in 1 RUN name approval request.Third List Item
    • Additional Partners can be added for an additional price of Rs.1199 - if DSC & DIN is available. In case no DIN or DSC is available, cost for adding additional Partner will be Rs.2,199 inclusive of GST.
    • Government Fee & Stamp Duty* ( Limited Including )
    • 2 Digital signatures from eMudhra with 2 year validity along with ePass 2003 token.Second List Item
    • Upto 4 name options can be given in 1 RUN name approval request.Third List Item
    • Additional Partners can be added for an additional price of Rs.1199 - if DSC & DIN is available. In case no DIN or DSC is available, cost for adding additional Partner will be Rs.2,199 inclusive of GST.
    • IGLI FINANCIAL shall not be responsible for any delay in making of the requisite filings and the client is solely responsible for the delay and any penalty that may be levied on account of such delay. The client should be aware of the due dates and compliances inter-alia under various laws, acts, regulations and rules and we are solely responsible for compliances under all applicable laws and shall be responsible for payment of any penalty or losses that arise on account of non-compliance of any applicable laws, rules, regulations and acts.
    • The above pricing is applicable for businesses with turnover upto 30 lakhs . In case of larger business, extra charges would be applicable.
    • All data provided by the Client will remain confidential with IGLI FINANCIAL unless pursuant to any order or requirement of a court, administrative agency, or other governmental body.
    • The client will be responsible for verifying the information contained in such returns and/or filings prior to approving/signing such return/filing.IGLI FINANCIAL shall not be responsible for any liability that may arise on account of the information being false and/or incomplete.
    • IGLI FINANCIAL shall not be responsible for any delay in making of the requisite filings and the client is solely responsible for the delay and any penalty that may be levied on account of such delay. The client should be aware of the due dates and compliances inter-alia under various laws, acts, regulations and rules and we are solely responsible for compliances under all applicable laws and shall be responsible for payment of any penalty or losses that arise on account of non-compliance of any applicable laws, rules, regulations and acts.
    • The above pricing is applicable for businesses with turnover upto 30 lakhs . In case of larger business, extra charges would be applicable.
    • All data provided by the Client will remain confidential with IGLI FINANCIAL unless pursuant to any order or requirement of a court, administrative agency, or other governmental body.
    • The client will be responsible for verifying the information contained in such returns and/or filings prior to approving/signing such return/filing.IGLI FINANCIAL shall not be responsible for any liability that may arise on account of the information being false and/or incomplete.
    • Strict confidentiality requirements will be met with no disclosure by us to other parties without your consent, unless otherwise required by law or professional obligation. You may provide us with permission to disclose your confidential information in certain circumstances, or place conditions on the disclosure of certain confidential information. If you do so, we will have permission to disclose the relevant information accordingly, in the performance of our services, unless you instruct us otherwise in writing.
    • The client will be responsible for verifying the information contained in such returns and/or filings prior to approving/signing such return/filing. IGLI FINANCIAL shall not be responsible for any liability that may arise on account of the information being false and/or incomplete. IGLI FINANCIAL shall not be responsible for any delay in making of the requisite filings and the client is solely responsible for the delay and any penalty that may be levied on account of such delay. The client should be aware of the due dates and compliances inter-alia under various laws, acts, regulations and rules.
    • The client will be responsible for paying all types of government fee, penalty, statutory audit fees and taxes associated with the engagement. IGLI FINANCIAL Accountants are only responsible for preparation of accounting and statutory returns. The Client is responsible for the reliability, accuracy and completeness of the accounting records, particulars and information provided and disclosure of all material and relevant information. Clients are required to arrange for reasonable access by us to relevant individuals and documents, and shall be responsible for both the completeness and accuracy of the information supplied to us. Any advice given to the Client is only an opinion based on our knowledge of the Client's particular circumstances
    • Strict confidentiality requirements will be met with no disclosure by us to other parties without your consent, unless otherwise required by law or professional obligation. You may provide us with permission to disclose your confidential information in certain circumstances, or place conditions on the disclosure of certain confidential information. If you do so, we will have permission to disclose the relevant information accordingly, in the performance of our services, unless you instruct us otherwise in writing.
    • The client will be responsible for verifying the information contained in such returns and/or filings prior to approving/signing such return/filing. IGLI FINANCIAL shall not be responsible for any liability that may arise on account of the information being false and/or incomplete. IGLI FINANCIAL shall not be responsible for any delay in making of the requisite filings and the client is solely responsible for the delay and any penalty that may be levied on account of such delay. The client should be aware of the due dates and compliances inter-alia under various laws, acts, regulations and rules.
    • The client will be responsible for paying all types of government fee, penalty, statutory audit fees and taxes associated with the engagement. IGLI FINANCIAL Accountants are only responsible for preparation of accounting and statutory returns. The Client is responsible for the reliability, accuracy and completeness of the accounting records, particulars and information provided and disclosure of all material and relevant information. Clients are required to arrange for reasonable access by us to relevant individuals and documents, and shall be responsible for both the completeness and accuracy of the information supplied to us. Any advice given to the Client is only an opinion based on our knowledge of the Client's particular circumstances
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