Transfer of Shares​

Transfer your shares anytime from any corner in the world with complete reliability!

Shares in a company can be transferred just like any other movable property in case of no explicit restrictions have been made under the articles of the company. Clear My Returns ensures that no matter where you are, your shares can easily be transferred to another individual entity accurately and with complete reliability.

Services Covered

Preparation of share transfer form

Our expert professional will prepare the Share Transfer Form (J30) which a shareholder must complete to transfer ownership of their shares to a third person.

Board minutes documentation

Our expert will complete the meeting minutes (as required under section 248 of the Companies Act 2013). Post directors approval, company must issue minutes from the board meeting during which the transfer of shares was authorized.

Issuing Of Share Certificate

Our experts draw up the necessary certification showing your company’s revised share structure, input the details of the transferee in the register of member and percentage stakes of each individual shareholder.

Drafting of Agreement Template

We draft all the templates annually for contract of employment, founders’ agreement, consultant agreement and policies for privacy and usage

Issuance of Share Certificate

We also issue the share certificate in the form of email

Disclosure of Interest By Director (Form MBP-1)

We file disclosure of interest on the behalf of the director of the company

Benefits

Team of Expert Professionals

You will be put through one of our experienced and expert in-house CAs who will file your return for you and will be your single point of contact.

Well-Timed Submissions

We submit within 30 days of the AGM.

Endless Consultations

With us on the job for you, you can get in touch with the expert assigned to you and can get endless consultations.

Frequent Reminders

We will send you regular reminders in advance to share credentials like certificate of incorporation, MOA and so on so that you don’t miss the date of filing the compliances.

Online process available

Entire process can be done online through calls, email and WhatsApp. We will file your ROC compliance and share the acknowledgment receipt.

Guaranteed Satisfaction

Once you buy for our services, you are in for complete satisfaction with our services

How it works

Step 1

Buy our service or call us in case you have any queries

Step 2

we will prepare and email you all the documents required for transfer of shares including stock transfer form, meeting minutes and share certificate(s).

Step 3

The stock transfer form needs to be signed by the transferor and transferee, and filed with your company records.

Step 4

Original share certificate will be handed over to the company

Step 5

If required, we will file a confirmation statement to record the share transfer(s).

FAQ's

To facilitate the transfer of shares, the following documents are typically required:
A) Documents required from Shareholder:
  • ID & Address proof of the Share transferor
  • Share certificates of the Share transferor
  • Bank Statement showing transfer of amount
B) Documents required from Company:
  • Board meeting Resolution for Transfer
  • Minutes of the meeting
  • Share transfer form
ClearMyReturns will guide you for preparing these share transfer documents.

Yes, the transfer of shares attracts stamp duty at the rate as prescribed in stamp act for respective state and the payment can be borne either by the transferor or the transferee.

In case of a company which is required to hold shares in physical form and the entire shares as mentioned on the certificate are being transferred to another person then the name of the transferee is written at the back of the share certificate.

The Company shall register & issue the share certificate in the name of the transferee within one month of the receipt of the duly executed & stamped share transfer instrument along with the original certificate of the shares being transferred.

The directors of the company have the obligation to act in the best interest of the shareholders. So, selling shares at a lower price would not be acting in the best faith. However, under certain circumstances and as per the Companies Act, shares can be transferred for an amount less than their worth. Please get in touch with us for additional details.

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