Company Compliance · Panaji, Goa

Share Transfer

Correct share transfer for your company in Goa — executing the Form SH-4 instrument, paying the stamp duty, securing board approval, and updating the register of members — done in line with your articles and the dematerialisation rules.

Overview

Share Transfer, handled end to end.

Transferring shares in a company is more than handing over a certificate. It requires a properly executed and stamped instrument of transfer (Form SH-4), board approval, an update to the register of members, and endorsement or issue of the share certificate — all consistent with any transfer restrictions in the company's articles.

For private companies, the articles often impose pre-emption or board-approval restrictions that must be observed, and following the dematerialisation rules, transfers in applicable companies must now be in demat form. We manage the transfer correctly — including stamp duty and the register — alongside any articles or capital work.

What's covered

What our service covers.

Transferring shares cleanly and compliantly.

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SH-4 instrument

Drafting and executing the instrument of transfer.

Stamp duty

Computing and paying transfer stamp duty correctly.

Board approval

Securing the board's approval and recording it.

Register update

Updating the register of members and certificates.

Articles compliance

Observing pre-emption and transfer restrictions.

Demat alignment

Effecting transfers in demat form where required.

Our process

How we work, step by step.

01

Check restrictions

We review the articles for transfer conditions.

02

Execute SH-4

We draft and stamp the transfer instrument.

03

Board approves

We obtain and record board approval.

04

Update register

We update members and certificates.

Frequently asked questions

Share Transfer, answered.

How is a share transfer done in a company?

A share transfer requires a duly executed and stamped instrument of transfer in Form SH-4, approval by the board, an update to the register of members, and endorsement or fresh issue of the share certificate. It must also comply with any transfer restrictions in the company's articles. We manage each step.

Is stamp duty payable on a share transfer?

Yes. Stamp duty is payable on the instrument of transfer, calculated on the consideration or value of the shares at the prescribed rate. Paying the correct stamp duty is essential for a valid transfer, and we compute and handle it for you.

Are there restrictions on transferring shares in a private company?

Often, yes. A private company's articles typically restrict the transfer of shares — for example, through a right of first refusal to existing members or a requirement of board approval. These must be followed for the transfer to be valid, and we ensure compliance.

Does the register of members need to be updated?

Yes. After a valid transfer, the company must update its register of members to record the new holder and endorse or issue the share certificate accordingly. The transfer is not complete until the register is updated, which we handle.

How do the dematerialisation rules affect share transfers?

For private companies covered by the dematerialisation mandate, shares must now be held and transferred in electronic (demat) form, and physical transfers are no longer permitted for them. We align the transfer with the demat requirements where they apply.

Can shares be transferred to anyone?

Subject to the articles and any shareholders' agreement, shares can generally be transferred, but private-company restrictions and any regulatory conditions — such as for transfers involving non-residents — must be observed. We check these before executing the transfer.

How do I transfer shares in my company in Goa?

Book a free consultation and share the transfer details. We check the articles, execute the SH-4, handle stamp duty and update the register, on a transparent fee.

Moving shares? Transfer them properly.

Book a free consultation with a qualified Chartered Accountant in Goa. We'll execute your share transfer correctly — no obligation.