Set up a sole Share Transfer Firm

  • Share transfer from one person to another person or one person to many or many to one person.

proprietorship

Register Share Transfer Firm Online through Compliance Gurukul

You can easily complete Share Transfer firm registration online through Compliance Gurukul. For a sole Share Transfer registration, only the PAN & Aadhaar card of the business owner is required. We can help you obtain the following registrations in less than 15 days:

  • GST Registration
  • Zero-Balance Business Current Account with Compliance Gurukul Software

Once, you have registered for the Share Transfer firm registration online on Compliance Gurukul, please follow the steps below and upload the following documents by logging into Compliance Gurukul Software.

  • Step 1: Login to Compliance Gurukul Software using the email address for payment.
  • Step 2: Go to Services Tab & Select Share Transfer Engagement
  • Step 3: Upload your PAN & Aadhar Card Copy
  • Step 4: An Compliance Gurukul Registration Expert will file the registration application with GST Department and Bank for Current Account.
  • Step 5: Access to Compliance Gurukul Software is for GST invoicing, GST filing and other services.

Private Limited Company Share Transfer

The Share Transfer Procedure in a Private Limited Company is a structured process that facilitates sharing ownership from one individual to another. Shares represent portions of ownership within a company, and they hold the potential to be purchased, sold, or transferred. In India, the transfer of shares within a private limited company is regulated by the Companies Act 2013, along with the associated rules and guidelines set forth by the Ministry of Corporate Affairs (MCA).

Meaning of Share Transfer

Share transfer refers to the process where a company shareholder voluntarily transfers their ownership rights, and potential obligations associated with a share of the company. This transaction occurs when a shareholder decides to relinquish their membership in the company and passes on their share to another individual who desires to become a member.

Therefore, the transfer of shares in the company is transferred much like any movable asset, unless there are specific limitations imposed by the company's articles of association.

Show More

Document requirement for Share Transfer in a Private Limited Company

For a successful completion of the procedure for transfer of shares in private company, the necessary documents include

  • Share Transfer Deed: This crucial document, needing signatures from both the seller and buyer of the shares, facilitates the transfer.
  • Share Certificate: The seller must provide the original share certificate when submitting the share transfer deed.
  • PAN Card: A photocopy of the buyer's PAN Card is essential for the share transfer process.
  • Board Resolution: The company's Board of Directors needs to endorse the share transfer through a formal resolution.
  • No Objection Certificate: An NOC from the seller may be requested to confirm their consent to the share transfer.
  • Stamp Duty Payment: The share transfer deed requires the payment of stamp duty, which varies by state.

Timelines

A sole Share Transfer firm registration can normally be done in India through Compliance Gurukul in max 2 weeks. However, the timelines for registration will vary from case to case, depending on the government and bank processing timelines.

Share Transfer FAQ's

The transfer of shares in the company is the process of transferring ownership rights and potential obligations of a company share from one shareholder to another.

Share transfers in private companies are governed by Section 56(1) & (3) of the Companies Act, 2013, and Rule 11(1) (2) (3) of the Companies (Share Capital and Debentures) Rules, 2014.

Share transfer rules are primarily determined by the Articles of Association (AOA) of the company.

Pre-emptive rights require shareholders wishing to sell their shares to first offer them to existing members at a price determined by the company's directors or auditor.

Yes, the AOA may grant directors the discretion to refuse share transfers, giving them significant control over these transactions.

Start Company Registration