Before starting with Share Transfer Process — the formal process of transferring ownership of shares from one shareholder to another — it helps to have everything ready in advance. Here's the checklist relevant to companies and shareholders undertaking a transfer of shares.
The Checklist
✓ Share transfer deed (Form SH-4)
✓ Board approval of the transfer, where required
✓ Valuation of shares, especially for related-party transfers
✓ Updated register of members
✓ Share certificates for cancellation/reissue
✓ Stamp duty payment on the transfer deed
Why Preparation Matters
Missing or incomplete documentation is one of the most common reasons applications get delayed with the company's board, as per its Articles of Association and applicable MCA norms. Having this list ready before you begin can meaningfully speed up the process.
Once You Have Everything Ready
- Execute a share transfer deed between the transferor and transferee
- Obtain board approval as per the Articles of Association
- Pay applicable stamp duty on the transfer
- Update the register of members and issue new share certificates
Need Help With This?
Leegal's team handles registration, compliance, and advisory work like this end-to-end, with transparent pricing and a dedicated point of contact throughout.
Call: +91 95721 91163 | Email: mail@leegal.in