Clarifications on Rules prescribed under the Companies Act, 2013 - Matters relating to share capital and debentures- reg.

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....New Delhi Dated 12^th June, 2014 To All Regional Directors, All Registrars of Companies, All Stakeholders. Subject: Clarifications on Rules prescribed under the Companies Act, 2013 - Matters relating to share capital and debentures- reg. Sir, Government  has  received representations from Industry Chambers, Professional Institutes and other stakeholders seeking cl....

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....bsp; examined  and it is  clarified that since transaction relating to transfer of shares is a contract between two or more persons/ shareholders, any share transfer form executed before 1^st  April, 2014 and submitted to the company concerned within the period prescribed under relevant section of the Companies Act, 1956 needs to be accepted by the companies for registration of tran....