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The Company has two types of Share Capital: Equity Shares and Preference Shares. The equity holders are the owners of the company, while the preference shareholders have preference over other classes of shareholders.
Here’s everything you need to know:
Within local limits:
Step 1: Fill up and execute the share transfer form in Form SH-4
Step 2: Pay the stamp duty on the form SH-4 by affixing the share transfer Stamps of 0.25% of the total consideration amount involved in the share transfer
Step 3: Deliver the SH-4 at the registered office of the Company
Step 4: Pass the Board Resolution for approval of share transfer
Step 5: Make necessary entries in the register of Members and register of share transfer
Step 6: Make necessary endorsement at the back of share certificate and handover the same to the transferee.
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