FincomIndia

Transfer of Shares

The shareholder (usually called 'the transferor') provides the transferee with a duly completed and signed stock transfer form and the share certificate in respect of the shares to be transferred.
From Rs 1,999/- Inc. of all taxes

Transfer of shares is a transaction resulting in a change of share ownership. A shareholder, whether in public or private company, has a property in his share which he has a right to dispose of, subject only to any express restriction which may be found in the articles of the company.Transmission is the automatic process; when a shareholder dies, his shares immediately pass to the personal representatives or, if a member is declared bankrupt, their shares will vest in the trustee in insolvency. As per Act, 1996 provides for an alternate tool for effecting transfer of shares. Investors have the choice of continuing with the existing share certificates and adopt the existing mode of effecting their transfer.

Every depository is registered with the SEBI and receives a certificate of commencement of business on fulfillment of such conditions. Upon entry into the system, share certificates belonging to the investor will be dematerialized and their names entered in the books of participants as beneficial owners. The investor’s names in the register of companies concerned will be replaced by the name of the depository as the registered owner of the securities. The investors will, however, continue to enjoy the economic benefits from the shares as well as voting rights on the shares concerned.

Salient Features of Transfer of Shares

No Task to Refund Capital:

As stated earlier, the company is under no bond to refund the fund to its owners during its lifetime. Shareholder’s claims to income are satisfied after the claims of the debtors have been met. Likewise, on liquidation of the company, creditors have prior claims to its property.

Limited Liability

Liability of shareholders of the company is limited (in the case of limited companies) to the par value of shares held by them. However, in case of unlimited companies, liability of shareholders is unlimited.

Right to supervise the company

Holders of shares are the owners of the company. The ownership confers voting right to shareholders. It is they who appoint directors for administration of the company. Being owners of the company, shareholders have to bear all risks of business losses.

Liberty to transfer shares

Shareholders have authorisation to sell shares to any person they like and invest the proceeds in some other organisations.

Transparent And Competitive Pricing

BASIC STANDARD PREMIUM
Transfer of Shares (ROC Charges Extra)
All Other ROC Compliances
Complete Statuary Compliances
Rs. 2,500
Rs. 1,999
Inc. all taxes
Rs. 12,500
Rs. 9,999
Inc. all taxes
Rs. 30,000
Rs. 24,999
Inc. all taxes
Delivery Process

1. Order Confirmation

Once you confirm the order online one of our executives will get in touch with you to explain all the requirements.

2. Submission Of Documents

We have a facility to pick up documents from your door step at more than 6000 Pin Codes across India. As soon as your documents are ready, we will pick it up from your door step at a date and time as per your convenience.

3. Analysis

Our team expert will review the present shareholding of the Company and the Articles of Association to understand the background of the Company prior to beginning the process.

4. Draft documents

The required documents will be prepared by an expert for transferring shares of the company from one person or entity to another.

5. Hurray......It's Done

You will get certification from the Government after the approval as well as you will receive the confirmation email with our dedicated team member details Instantly on your email to start your work.

Frequently Asked Questions
You have to execute a transfer deed, duly stamped and submit the same to our R & T Agent for transfer. Please note that such addition of name amounts to change in ownership of shares and the procedure for transfer has to be followed.
You will get an objection letter from R&T Agent. The objection letter will contain solutions for removing this objection. Typical solutions are:  a. Signature should be attested by the Bank Manager . b. Send Proof of Residence c. Send copy of the PAN Card.
Following things should be checked before the lodgment of share certificate for transfer to the Company: Check the validity of the Transfer Form as this Form is valid for one year. Fill all details which are required in the Form. Frank Stamp duty @ 0.25% of total consideration Put the Transaction Date on the Form, this date should be a date after the stamping date on the Transfer Form. Attach relevant Share Certificate with the Transfer Deed. Enclosed a self attested PAN Card copy
Please fill in all the columns of the transfer deed, sign as transferee at appropriate places and affix share transfer stamps at 0.25% of the market value on the date of execution of the transfer deed. Please ensure that the transfer deed is duly filled in and executed as explained, to avoid any discrepancy/objection on lodgement.
The procedure of registration of shares gifted is same as the procedure for a normal transfer. The stamp duty is also applicable in case of gifted shares, and the duty is at 0.25% of the market value prevailing on the date of execution of the transfer deed by the transferee.
You will have to execute a transfer deed, duly stamped and submit the same to our R&T Agent, for transfer. Please note that such addition of name amounts to change in ownership of shares and the procedure for transfer has to be followed.
SEBI vide its Circular dated May 20, 2009 has stated that for securities market transactions and off-market transactions involving transfer of shares in physical form of listed companies, it shall be mandatory for the transferee(s) to furnish copy of PAN card to the Company/R&T Agent for registration of such transfer of shares.
A transfer deed is valid for a period of one year from the presentation date indicated in the stamp affixed by the Registrar of Companies on the upper portion of the deed or the closure date of Register of Members immediately after the presentation date, whichever is later. Please check whether your transfer deed is still valid. If so, submit the transfer deed duly executed and stamped along with share certificates to our R & T Agent for transfer in your favour. If the validity period of the transfer deed has expired you will have to approach the Registrar of Companies for extending the validity of the transfer deed. Alternatively, you may approach the registered holder/seller whose signatures are appearing on the transfer deed as seller to execute fresh transfer deeds. Thereafter you may submit the fresh/revalidated transfer deed to our R& T Agent for transfer. Revalidation of transfer deed(s) is not applicable in case of entities which are not under the purview of Registrar of companies
The stamp duty applicable on share transfer is at 0.25% on the market value on the date of execution of the transfer deed. Share Transfer Stamps can be obtained from the authorised stamp vendors. Your sharebroker can also help you in this regard.
A transfer deed is valid for a period of one year from the presentation date indicated in the stamp affixed by the Registrar of Companies on the upper portion of the Deed or the closure date of Register of Members immediately after the presentation date, whichever is later. Please check whether your transfer deed is still valid. If so, submit the transfer deed duly executed and stamped along with the share certificates to our R&T Agent. If the validity period of the transfer deed has expired, you will have to approach the Registrar of Companies for extending the validity of the transfer deed. Alternatively, you may approach the registered holder/seller to execute fresh transfer deeds. Thereafter you may submit the fresh/revalidated transfer deed to the R&T Agent, for transfer.

Our Presence

Check Availablity in your area

FinComIndia has capability to serve at your door step at more than 6000 Pin Codes across. You have the opportunity to avail our world class services sitting at your home or office itself. This service is free of cost for all the customers. We practically cover the whole of India. Kindly check in the box above for availability of door step services in your city.

Reasons to choose FinComIndia?

PROFESSIONAL EXPERTISE

FinComIndia has a team consisting of more than 75 experts of varied domains which enables us to deliver high quality of services. All our staff is well trained and regularly updated with all relevant statutory changes.

DOOR STEP SERVICES

We pick up all the required documents right from your door step at your preferred time and date and also deliver back the original documents / certificates to your address.

NATION WIDE REACH

We have capability of providing our services across more than 6000 Pin Codes in India. This makes us the front runner in Nation wide reach.

BEST PRICE

We are upfront with our pricing with no hidden fees, Also lowest pricing through automation and technology.

Money Back Guarantee

If you are not satisfied with our work, we will refund the money after deducting the statutory fees paid and other administrative charges.

100% Customer Satisfaction

With our quality of services and professional expertise, we guarantee 100% customer satisfaction.

Giving Back to the Society

In our endeavour to give back to the society, we donate 1% of our profits to various charitable and environmental causes.