Document background
The Equity Share Transfer Form is a fundamental document required for any transfer of shares between parties in Indian companies. It is mandated by the Companies Act 2013 and must be executed whenever shares are sold, gifted, or otherwise transferred from one person or entity to another. The form captures essential information including details of the transferor, transferee, the number and type of shares being transferred, consideration amount, and necessary declarations. It must be properly stamped as per applicable state stamp duty laws and may require additional compliance measures depending on factors such as the value of shares, nature of parties involved (domestic or foreign), and whether the company is listed or unlisted. The document serves as the primary evidence of the transfer transaction and is crucial for maintaining accurate records in the company's register of members.
