Transfer of Shares

The company may undergo share transfer process in cases when the shareholders want to change their shareholding pattern/structure, or when new investors or shareholders are inducted in the company.

The share transfer process takes approximately 7-8 days based on availability of the required documents and information.

Yes, you can do partial transfer of shares.

The physical presence of shareholders may not be required during the process, however signature of transferring shareholders is required on the share transfer form.

Yes, you can transfer the shares to a Foreign or Non-resident shareholder by complying with the FEMA Guidelines.

A minor can become a member/shareholder of a company only through gift and/or inheritance but he cannot enter into agreement to buy shares. Further, minor shall hold shares through his guardian and his guardian will act as a member on behalf of minor.

Yes, you can transfer shares to any other Private Limited Company, Public Company, LLP, and Registered Society. However, Partnership firm cannot hold shares in any Company.

Yes, stamp duty at the rate of 0.015% on the total value of consideration has to be paid on share transfer deed.

Yes, stamp duty at the rate of 0.005% has to be paid on issue of share certificates.

A shareholder or member is an owner of a company who holds certain shares in the company and his name is entered in the register of members of the company. Whereas Director is a person who manages the day-to-day function of a business. Director and shareholder may or may not be the same person.

Yes, shares held in Dematerialised form can also be transferred to another person by following the due process as per law.