Dhanvitt
Overview of Share Transfers
Companies often need to transfer shares between shareholders due to various circumstances like selling shares or internal restructuring. Share transfers must be handled carefully to comply with the Companies Act. Dhanvitt offers comprehensive support for smooth share transfers, ensuring all filings are accurate and completed on time.
Share Transfer Process
The process of transferring shares involves executing a share transfer deed, paying applicable stamp duty, and updating the company’s records and statutory registers. We guide you through this entire process to ensure compliance and a seamless transfer of ownership.
Change in Authorized and Paid-up Capital
If your company plans to increase or decrease its authorized or paid-up capital, proper filings and approvals are required. Dhanvitt provides expert assistance to navigate the regulatory requirements, including filing Form SH-7 and obtaining necessary resolutions from the board and shareholders.
Filing Forms for Capital Changes
For changes in the authorized or paid-up capital, companies must file forms such as SH-7 with the Ministry of Corporate Affairs (MCA) and pass the necessary resolutions. Our team ensures that all documents are prepared accurately and filed on time to avoid any penalties or delays.
Why Choose Dhanvitt for Share Transfer & Capital Changes?
- Comprehensive Support: We handle the entire process, from drafting resolutions to filing required forms with the MCA.
- Expert Guidance: Our team ensures that all transfers and capital changes are carried out in compliance with the Companies Act.
- Timely Filings: We prioritize the timely submission of all filings to avoid penalties or disruptions in the company’s operations.
- Cost-effective Solutions: Our services are priced competitively while maintaining the highest standards of compliance.
Documents Required for Share Transfers
To facilitate a smooth share transfer process, the following documents are typically required:
- Duly executed share transfer deed (Form SH-4)
- Share certificates of the transferring shareholders
- Board resolution approving the share transfer
- Payment of stamp duty on share transfer
Documents Required for Capital Changes
The following documents are typically required for changing the authorized or paid-up capital:
- Board Resolution approving the capital change
- Shareholder Resolution (if required for increasing authorized capital)
- Form SH-7 for authorized capital changes
- Updated Articles of Association (if required)
- Form PAS-3 for allotment of shares (if increasing paid-up capital)