Document background
The Share Transfer Form is a fundamental document in Indian corporate law, essential for executing the transfer of shares between parties. It is mandated by the Companies Act, 2013, and must be used whenever shares are transferred, whether in private or public companies. The form includes crucial information such as details of the transferor and transferee, share certificate numbers, consideration amount, and necessary declarations. It must be properly executed, witnessed, and stamped as per the Indian Stamp Act. For listed companies, additional compliance with SEBI regulations is required. The document serves as the primary evidence of transfer and is necessary for updating the company's register of members and issuing new share certificates.
