Share Transfers
[/et_pb_text][et_pb_text admin_label=”Text” background_layout=”light” text_orientation=”left” text_font_size=”15″ use_border_color=”off” border_color=”#ffffff” border_style=”solid”]Ownership of a company rests with the shareholders and not the Directors. Transfer of ownership of a company can therefore be accomplished by transferring shares of the company from one person or entity to another.
Share transfer in a private limited company is usually more restricted when compared to a listed company that is publicly traded. The entire shares of a private limited company are usually owned by a family or a small group of persons or entities. Hence, most of the Articles of Association of a Private Limited Company limit the right of a shareholder to transfer the company’s shares to an outsider. Therefore, it is important to review the Articles of Association of the Company prior to affecting a share transfer.
Vincyte can help you transfer shares of a private limited company by completing the necessary procedures as per Companies Act; 2013.Vincyte is an easy way for companies to manage share transfers. Produce branded share certificates with automatic updates to online statutory registers.
[/et_pb_text]Pre-requisites
[/et_pb_text][/et_pb_blurb][et_pb_blurb admin_label=”bullet” url_new_window=”off” use_icon=”off” icon_color=”#662d91″ use_circle=”off” circle_color=”#662d91″ use_circle_border=”off” circle_border_color=”#662d91″ image=”http://vincyte.com/wp-content/uploads/2016/09/bullet.png” icon_placement=”left” animation=”top” background_layout=”light” text_orientation=”left” max_width=”16px” use_icon_font_size=”off” use_border_color=”off” border_color=”#ffffff” border_style=”solid” saved_tabs=”all” title=”Number and class (type) of shares being transferred.” header_font_size=”15″ alt=”Transfer Shares Agreement of Company”] [/et_pb_blurb][et_pb_blurb admin_label=”bullet” url_new_window=”off” use_icon=”off” icon_color=”#662d91″ use_circle=”off” circle_color=”#662d91″ use_circle_border=”off” circle_border_color=”#662d91″ image=”http://vincyte.com/wp-content/uploads/2016/09/bullet.png” icon_placement=”left” animation=”top” background_layout=”light” text_orientation=”left” max_width=”16px” use_icon_font_size=”off” use_border_color=”off” border_color=”#ffffff” border_style=”solid” saved_tabs=”all” title=”Amount paid or due to be paid for the shares, if applicable.” header_font_size=”15″]
[/et_pb_blurb][et_pb_blurb admin_label=”bullet” url_new_window=”off” use_icon=”off” icon_color=”#662d91″ use_circle=”off” circle_color=”#662d91″ use_circle_border=”off” circle_border_color=”#662d91″ image=”http://vincyte.com/wp-content/uploads/2016/09/bullet.png” icon_placement=”left” animation=”top” background_layout=”light” text_orientation=”left” max_width=”16px” use_icon_font_size=”off” use_border_color=”off” border_color=”#ffffff” border_style=”solid” saved_tabs=”all” title=”Details of any non-cash payments, if applicable.” header_font_size=”15″ alt=”Transfer Shares Agreement of Company”] [/et_pb_blurb]
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