Procedure - company disposes the acquired shares

[Adoni Raghavendra]

Please Let me know about the steps to be taken when company disposes the acquired shares of the other company as per the company act 1956. Is it necessary to call shareholders/members meeting in this regard.If so, Please send me the formats of the documents to be prepared for the same. And also stampduty chart for paying the stamp duty for share transfer/brought.

[Rama Krishana]

Your query is required to be more elaborated. You are also requested to state your own understanding of the issue.

AI Summary

Company share disposal procedures: whether a shareholder meeting is required is queried and further clarification requested. Procedural question on a company's disposal of acquired shares: whether convening a shareholder meeting is required, and requests for transfer document templates and a stamp duty chart. The respondent did not provide guidance and asked the enquirer for further elaboration and their own understanding.