extension of validity of share transfer deeds

[Shailesh Goyal]

Hi All

Can anyone provide me documents related to extention of validity of
share transfer deed under u/s 108(1D) of comanies Act?

Kindly treat the matter as most urgent. Your early reply will be
appreciated.

Regards

[chakri hegde]

Where the validity period of an instrument of transfer has expired, the holder is required to make an application in Form 7C to the Registrar of Companies requesting for extension of the validity of the deed by explaining the sufficient cause for not lodging the deed in time with the company. The fee for such application is Rs.50 where the nominal value of the shares is upto Rs. 5,000 and the fee is Rs. 100 where the value exceeds Rs. 5000.

 

The application shall be made to the Registrar of Companies, where the registered office of the Company is situated or under whose jurisdiction the transferor or transferee resides. If the Registrar is satisfied on the cause shown by the applicant, he will extend the validity for a period of 30 days from the date of approval by the Registrar. Please note that further extension will not be provided by the Registrar. So you need to lodge the deed with the company within the extended period only.

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With Best Wishes
Chakri G Hegde
Nissin Foods India Ltd.
Bangalore

[krishna ds]

Dear,

 

No document required.  Pls submit the expired TD together with a ltr addressed to ROC concerned and fee paid challan for revalidation. 

 

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D S Krishna
1695/13, Upstairs
III Main, Ramamohanapuram
BANGALORE - 560 021
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[bhavani prasad]

Mr goyal.

Form 7C is required to be filed which is an Application for extension of time under section 108(1D) for extending TD.Please find enclosed the format of the same.

CS  Bhavani Prasad C N
Company Secretary & Compliance officer
Neha International Ltd
501,Manbhum Jade Towers
Rajbhavan Road
Somajiguda
Hyderabad 500 082
Tel:+91  040 66 13 45 79
Fax:+91 040 66 13 64 35
Website:www.nehainternational.com
Mail: bhavan...@nehainternational.com

[shailesh goyal]

thanks all for your such a quick response. well i would like to bring to your kind notice that share transfer deeds are having ROC stamp of the year 1995 and and duly executed by transfer and transferree but no execution date on it. and the company is pvt. ltd. company.  In this case, is it possible to seek extension from ROC? 

 

If so, then should i put the date of 1995 in the share transfer deed and then submit the same to ROC office for their approval along with form 7C and prescribed fees?

 

Also let me know is it necessary that application be made by transferree? can any other person make application on his behalf?

 

Regards

[Jayashree Chandrasekaran]

You can put the current date as execution date but the transferee only can apply.

Jayashree

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