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Share transfer is the process of transferring existing shares from one person to another, either by sale or gift. The transfer of shares is subject to the relevant provisions in the Companies Act 2013 and the Articles of Association of the Company. It is crucial to review the Articles of Association of the Company before initiating a share transfer, as it can result in a change in ownership. In private limited companies, share transfers are typically restricted.
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A transfer of shares means the transfer of ownership of shares from one person to another.
No, transferring shares without consideration is void.
Form SH-4 is required for the transfer of shares and must be duly stamped, with adequate value, dated, and executed by or on behalf of the transferor and the transferee.
No, shares of private companies are not freely transferable.
The transferor is a person who transfers their shares in exchange for consideration, while the transferee is a person who receives the shares and provides consideration.
A share transfer deed is a document that contains information about the transfer of ownership of shares from a seller to a buyer.
No, a share certificate is mandatory for the share transfer process. It is required for verification and recording share transfer entries. If you don’t have a share certificate, our experts will assist you in obtaining one.
Yes, there is no need for a digital signature to initiate the share transfer process.