procedure for gifting of shares

[cslalan raj]

Dear Members

Can you tell me what is the procedure for gifting of shares to relative in case of private company

[dheeraj gupta]

Dear Sir,

For the purpose of gifting of shares, you have to execute the following documents-

1. the gift deed on stamp paper of Rs. 100 between both the parties.

2. An affidavit by the shareholder to specify that he is a lawful owner of shares and holding such shares in personal capacity.

3. Execute share transfer deed with value of shares to be transfer (amount that hv to be paid if shares are transfer with out gifting) and affix share tranfer stamp according to state stamp duty act.

4.Send all the abovesaid documents along with original share certificate to the company for their internal records.

5. If the documents are appropriate, the company shall register the transferred shares in the name of transferee.

Thanks and Regards,
CS Dheeraj Gupta

On Mar 13, 2013 6:39 PM, "cslalan raj" <cslal...@gmail.com> wrote:

Dear Members

Can you tell me what is the procedure for gifting of shares to relative in case of private company

--
--
************************************************
Mail your comments, feedback and suggestions on CSMysore to Moderator: datta...@gmail.com and Manager: vivekhe...@gmail.com
 
Find eNewsletters of ICSI Mysore at: www.icsi.edu/NewsEvents/enewsletters/tabid/1757/Default.aspx
 
---
You received this message because you are subscribed to the Google Groups "CSMysore" group.
To unsubscribe from this group and stop receiving emails from it, send an email to csmysore+u...@googlegroups.com.
For more options, visit https://groups.google.com/groups/opt_out.
 
 

[cslalan raj]

Thank you Dheeraj sir