Notice Of Transfer Of Shares Template for Pakistan

The Notice of Transfer of Shares is a crucial corporate document required under Pakistani law whenever ownership of company shares changes hands. This document must be prepared and filed in accordance with the Companies Act 2017 and associated regulations, serving as the official record of share transfer between parties. It is commonly used in various scenarios including business acquisitions, family transfers, employee share schemes, and general trading of private company shares. The notice must include specific details about the transferor, transferee, the number and type of shares being transferred, and the consideration paid. Additionally, it must incorporate necessary declarations regarding compliance with company articles, applicable laws, and any required board approvals or shareholder waivers. This document forms part of the company's permanent records and may be required for future due diligence, regulatory compliance, or corporate governance purposes.

1. Company Details: Full legal name of the company, registration number, and registered address

2. Date: Date of the notice of transfer

3. Transferor Details: Full name, address, and contact information of the person/entity transferring the shares

4. Transferee Details: Full name, address, and contact information of the person/entity receiving the shares

5. Share Transfer Details: Number and class of shares being transferred, distinctive numbers if any, and the consideration amount

6. Declaration of Compliance: Statement confirming compliance with company's articles and applicable laws

7. Execution Block: Signature blocks for transferor and transferee with witness provisions