Share transfer by Gift in Pvt Co.

ankit (Querist) 08 July 2009 This query is : Resolved
When the shares of a private Limited company are given as a gift through physical transfer (unlike demat mode), what should be the value of the shares for stamping of transfer deed...
Please help urgently...
Thanking you in anticipation..

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RASIK DAGLI (Expert) 08 July 2009
Value of the shares will be Market price on the day of transfer i.e. on the day on which transfer deed is signed.
Rasik Dagli
Advocate.

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