Transfer of Shares in Vadapalani - Filingpoint
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A Filingpoint share transfer is when ownership of shares in a company is passed on from one person to another. This can happen for a number of reasons, including to raise capital or re-organize an investor's investment structure. It can also happen through the sale or gifting of shares. Regardless of the reason, the new owner must inform the company of the transfer and have this recorded in the company's register for it to be legal. The process of transferring shares can be more restricted in private limited companies.
When a share is transferred, it can be done through various methods, including by filling out a form and sending it to the company, or by submitting a signed agreement with the buyer. The agreement must include the type of shares being transferred, the name and address of the transferee, and the type of account to be used for payment. It is recommended to draw up this agreement, even though it is not mandatory, as it creates a record of the transaction and can be referred to in case of any disputes.
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