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Companies Law - Highlights / Catch Notes

Home Highlights October 2018 Year 2018 This

Suspicious transfers - Illegal transfer of shares - This is the ...

Companies Law

October 13, 2018

Suspicious transfers - Illegal transfer of shares - This is the vital column and the said column is blank. Further there is no signature of witness on the said SH-4 form. The column for Name and Address of the witness who confirms that the transferor has signed before him in SH-4 is also blank. Further the columns meant for mentioning Distinctive Nos, Corresponding Certificates Nos is also blank. It goes on to prove that the transferor has not signed the SH-4, Securities Transfer Form, which is mandatory for transferring the shares.

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