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<h1>Transfer of Physical Securities: Use Form SH.4; Notify Transferee for Partly Paid Shares with Form SH.5</h1> An instrument of transfer for securities held in physical form must be in Form No.SH.4 and submitted to the company within sixty days of execution. For companies without share capital, this rule applies to member interests. A company cannot register the transfer of partly paid shares without notifying the transferee via Form No. SH.5 and receiving no objection from them within two weeks of notice receipt.