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Neha Agarwal (student)     29 December 2011

Query on transfer of shares

Mr. A is holding shares jointly with Mr. X(authorised under Power of Attorney by one of the Company in its behalf). Now Mr. A wants to transfer his shares to Mr. B. In transfer deed (form 7B) whether only "Mr. A" name will come as a transferor or "Mr. A jointly with Mr. X" will come.?

 

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 1 Replies

Kiran Toshniwal (Practicing Company Secretary)     03 February 2012

Name as appearing in the Share Certificate of Mr.A

 

Regards,

 

Kiran T

 

File Form FC TRS with concerned RBI through Authorized Dealer 'AD'. It is important and major compliance


Rest of the Procedures is same as followed in normal transfers. Execute transfer Deed.


No ROC Filings required.

 

Regards

Kiran T

https://startcompanyinindia.com/

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