Procedures and requirements followed by private and public companies for transfer of shares are slightly different from each other. Shares of the private company are not freely transferable. In case of a Private company, the person who wants to transfer his shares shall give a notice in writing to the company regarding his intention to transfer shares. In turn the Directors or Auditors shall determine and notify a price at which the shares can be available to the other members. Company will set the time limit with in which the members of the company can exercise the option to purchase the shares. If no member is ready to purchase those shares the company should have accept the shares transfer to the outsiders. Transfer should execute in form SH-4. The transfer deed should be signed and stamped. Shares in Public companies are freely transferable. Transfer should execute in Form SH-4. The deed should be signed by both transferor and transferee, the same has been delivered to the company within 60 days from the date of execution of the transfer. The transfer deed will be registered by the company if the provided documentations are valid.
Our company registration executives are skilful in transfering shares of public and private limited company by filing forms in MCA. So we request you to contact us to change company MOA. we also offer other services like name change, removal of directors, transfer of company, increase authorization capital.
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