Share Transfer
Share transfer from one person to another person or one person to many or many to one person.
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Share Transfer
The share transfer is possible only through a contract or arrangement between two or more persons. The provisions of the Companies Act majorly deal with the transfer and the transmission of the securities. The transmission of the securities due to death, succession, inheritance, bankruptcy, etc.
Transfer of shares means handing the rights and possibly the duties of a company member voluntarily. The rights and the duties of the share transfer happen from the shareholder who is wishing to not be a member of the company anymore to a person who is willing to be a member of the company.
Requisites to Share Transfer
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Subscribers to the memorandum -
The legal representative in the case of a deceased -
Transferor -
Transferee -
Company