Shareholders are the true owners of a company, holding limited liability. They possess the authority to appoint directors who handle the day-to-day management of the company. Transferring shares results in a change of ownership. In a private limited company, share transfer is typically restricted, requiring shares to be offered to existing shareholders first.
The transfer of shares must comply with the provisions outlined in the Articles of Association of a Private Limited Company. Therefore, it is crucial to review the company’s Articles of Association before initiating a share transfer in a Private Limited Company.
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In addition to handling share transfer procedures, we also assist entrepreneurs with ROC Compliance, LLP Annual Filing, OPC Annual Filing, Company Annual Filing, and various other regulatory requirements.
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