Share Transfer
Quick Reference for Your Business
SH-4 • Stamp Duty • Timeline – everything you need to know about Share Transfer.
01
Documents Required
Form SH-4
Signed by transferor, transferee and a witness
Original share certificate
or allotment letter
Stamp duty paid
on SH-4 (e-stamp)
PAN / ID of the transferee
and proof of consideration
Board resolution
approving the transfer; check AoA for ROFR / pre-emption
02
Key Facts & Timelines
| Point | Details |
|---|---|
| Law / form | Section 56, Companies Act 2013 • Form SH-4 |
| Lodge SH-4 with company | Within 60 days of execution |
| Stamp duty | 0.015% of consideration (transfer of shares) |
| New share certificate | Within 1 month of board approval |
| Cross-border transfer | File FC-TRS on RBI FIRMS within 60 days |
Demat note: Under Rule 9B, non-small private companies must hold/transfer shares in demat form — confirm whether this applies before doing a physical SH-4 transfer. For resident ↔ non-resident transfers, FEMA pricing rules and FC-TRS apply on top of SH-4.
03
What to Watch
Unstamped SH-4 is invalid
Pay correct stamp duty before signing — an unstamped deed isn't valid.
60-day lodging
Lodge SH-4 within 60 days or the transfer can be questioned.
AoA restrictions
Check Right of First Refusal / pre-emption clauses first.
FC-TRS for cross-border
Missing the 60-day FC-TRS triggers FEMA penalties.
04
Why Clients Trust M/s Durganjali & Associates
A real, qualified Chartered Accountant
Not an agent — a CA who handles SH-4, stamp duty, board approval and FC-TRS correctly.
5 years of practice
Across companies, firms, individuals and trusts — Tax, GST and MCA compliance.
You never miss a date
We track every form and deadline — no avoidable late fees or penalties.
Clear updates in your language
Simple updates in Telugu and English — you always know where things stand.
Honest, practical advice
Straight answers you can act on — no jargon, no overselling.
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