New Format of SH-4 – Securities Transfer Form

Notification No. G.S.R.335(E). Dated: 04.05.2022

As per section 56 of the Companies Act, 2013 read with Rule 11 of the Companies (Share Capital and Debentures) Rules, 2014, a transferee is required to send Form SH-4 to the Company within 60 days from the date of execution of share transfer agreement along with the share transfer certificate.

Now, MCA has notified the Companies (Share Capital and Debentures) Amendment Rules, 2022 where SH-4 has been modified with a new requirement i.e.

a) A declaration from the transferee that “no Govt. approval is required under the Foreign Exchange Management (Non-debt Instruments) Rules, 2019 prior to the transfer of shares or where the transferee is required to obtain the Govt. approval prior to the transfer of shares, the same has been obtained and enclosed herewith the form.”

Latest format of Form No. SH-4 – Securities Transfer Form

Form No. SH-4

Securities Transfer Form

[Pursuant to section 56 of the Companies Act, 2013 and sub-rule (1) of rule 11 of the Companies (Share Capital and Debentures) Rules 2014]

Date of execution 14^th XXX, 2022

FOR THE CONSIDERATION stated below the “Transferor(s)” named do hereby transfer to the “Transferee(s)” named the securities specified below subject to the conditions on which the said securities are now held by the Transferor(s) and the Transferee(s) do hereby agree to accept and hold the said securities subject to the conditions aforesaid.

CIN: U74999PN2020PTCXXXXX

Name of the company (in full): XX  PRIVATE LIMITED

Name of the Stock Exchange where the company is listed, if any: NA

DESCRIPTION OF SECURITIES:

–

–

–

–

Transferee’s Particulars 

–                             

–

Declaration:

> Transferee is not required to obtain the Government approval under the Foreign Exchange Management (Non-debt Instruments) Rules, 2019 prior to transfer of shares;

                                                                       Or                                                                   

> Transferee is required to obtain the Government approval under the Foreign Exchange Management (Non-debt Instruments) Rules, 2019 prior to transfer of shares and the same has been obtained and is enclosed herewith.

Enclosures:

1) Original Share Certificate

2) If no certificate is issued, letter of allotment.

3) Others, specify……………………………………….

Stamps:

For office use only

 Checked by:-

Signature tallied by : ……………………….

Entered in the Register of Transfer on ……………………. vide Transfer No   __T-   _

Approval Date ……………..

Power of attorney/Probate/Death Certificate/Letter of Administration Registered on ………………………. at ………..…………. No ………….…………………..