Share Transfer process which involves the transfer of ownership and his shares from one person to another person in an organization. The process deliberately involves the removal of the name of the existing shareholder from the books (Register of Members) and then by the insertion of the name of the transferee. Share Transfer Services in Hyderabad & Bengaluru at 24efiling
The process of Share Transfer is quite easily done by submitting a share transfer form in the Public Limited Company and becomes quite restrictive when it comes to the Share Transfer in the case of a Private Limited Company. As per the Indian Stamp Act and stamp duty notification in force in the state concerned, the share transfer deed should need to have stamps. The share transfer fees is the stamp duty collected which is at present 25 paise for every one hundred rupees of the value of the share or part thereof.