Bulk share transfer procedure permits a covering transfer deed to register multiple transfers with annexed certificate details. Companies may accept a single covering transfer deed signed by the transferee enclosing individual transfer deeds executed by transferors; the covering deed must include an Annexure of distinctive and certificate numbers. Enclosed individual transfer deeds need not be signed by the transferee and may bear a stamped name and address. Required stamp duty may be affixed on the covering deed or paid as prescribed by the Government.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Bulk share transfer procedure permits a covering transfer deed to register multiple transfers with annexed certificate details.
Companies may accept a single covering transfer deed signed by the transferee enclosing individual transfer deeds executed by transferors; the covering deed must include an Annexure of distinctive and certificate numbers. Enclosed individual transfer deeds need not be signed by the transferee and may bear a stamped name and address. Required stamp duty may be affixed on the covering deed or paid as prescribed by the Government.
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