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Name Of Undertaking Stock Transfer Form

Name Of Undertaking Stock Transfer Form for Singapore

Name Of Undertaking Stock Transfer Form Template for Singapore

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Name Of Undertaking Stock Transfer Form

"I need a Name Of Undertaking Stock Transfer Form to document the transfer of 10,000 ordinary shares from my investment company to a private investor, with completion scheduled for March 15, 2025, and the shares are currently subject to a shareholders' agreement that needs to be referenced."

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What is a Name Of Undertaking Stock Transfer Form?

The Name Of Undertaking Stock Transfer Form is a crucial document in Singapore corporate transactions, used whenever shares need to be transferred between parties. It serves as formal documentation required under the Singapore Companies Act and must be properly executed to ensure a valid transfer of shares. This document captures essential information including details of both parties, share specifications, consideration amount, and any special conditions attached to the transfer. It's particularly important for maintaining accurate corporate records and ensuring compliance with regulatory requirements.

What sections should be included in a Name Of Undertaking Stock Transfer Form?

1. Transferor Details: Full legal name, address, and identification details of the party transferring the shares

2. Transferee Details: Full legal name, address, and identification details of the party receiving the shares

3. Company Details: Full registered name, registration number, and registered address of the company whose shares are being transferred

4. Share Details: Number and class of shares being transferred, distinctive numbers if any

5. Consideration: Amount paid for the shares

What sections are optional to include in a Name Of Undertaking Stock Transfer Form?

1. Declaration of Trust: Required when the transferee will hold shares as a nominee or trustee

2. Power of Attorney: Required when transfer is executed by an attorney on behalf of the transferor

What schedules should be included in a Name Of Undertaking Stock Transfer Form?

1. Share Certificate: Copy of original share certificate(s) being transferred

2. Board Resolution: If required by company constitution, approval of the transfer by board of directors

3. Supporting Documents: KYC documents, proof of payment, and other required documentation

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
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Companies Act (Cap. 50): Primary legislation governing share transfers in Singapore, particularly Sections 130A-130AD. Covers requirements for transfer documentation and registration procedures.

Securities and Futures Act (Cap. 289): Regulates securities trading, including requirements for transfer of listed securities and associated disclosure obligations.

Stamp Duties Act (Cap. 312): Governs stamp duty requirements for share transfers, including applicable rates, payment procedures, and possible exemptions.

Income Tax Act (Cap. 134): Addresses tax implications of share transfers and related reporting requirements.

SGX Listing Rules: Specific requirements for transfer of shares listed on the Singapore Exchange, including compliance and disclosure obligations.

MAS Guidelines: Regulatory guidelines from the Monetary Authority of Singapore relevant to share transfers and securities trading.

Company Constitution: Company-specific requirements or restrictions on share transfers, including any pre-emptive rights of existing shareholders.

Corporate Governance Code: Compliance requirements with Singapore's corporate governance framework as it relates to share transfers and ownership changes.

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