Transfer and Transmission of Shares

?????? ???????: ????????? ????? ??????????? ?????? ???????? ???, ???? ?????? ?????????? ??? "??????????" (Transfer) ??? ????? ???????? ???? ??????????? ?????????, ???????? "???????????" (Transmission) ??? ?????? ?? ??????? ????? ??? ????? ??????? ??? ???? ??????????? ?????????? ??? ????????? ????????????? ??????…

ID: 818 1,605 words

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Record ID: 818

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Executive summary

?????? ???????: ????????? ????? ??????????? ?????? ???????? ???, ???? ?????? ?????????? ??? "??????????" (Transfer) ??? ????? ???????? ???? ??????????? ?????????, ???????? "???????????" (Transmission) ??? ?????? ?? ??????? ????? ??? ????? ??????? ??? ???? ??????????? ?????????? ??? ????????? ????????????? ??????…

Practice area corporate rjsc
Reading time About 8 min
Latest date Review pending
01 Deed Execution Sign Instrument of Transfer (Form 117) with Stamp Duty 02 Board Approval Directors review and approve transfer in board meeting 03 RJSC Filing Submit Form XII and supporting documents online 04 Registry Update Update Register of Members and issue share certificates
English Edition Looking for the authoritative English legal edition?
Read English Guide →

??????: ????? ??????????? ????? ??????

?????? ???????: ????????? ????? ??????????? ?????? ???????? ???, ???? ?????? ?????????? ??? "??????????" (Transfer) ??? ????? ???????? ???? ??????????? ?????????, ???????? "???????????" (Transmission) ??? ?????? ?? ??????? ????? ??? ????? ??????? ??? ???? ??????????? ?????????? ??? ????????? ????????????? ?????? ???????? ???????? ?????? ??? ???????

???????? ???, ???? ("???") ???? ???? ????????? ??????????? ???????? ??? ??? ??????? ?????????? ???? ????????? ??????? ???????? ?? ??????? ???? ???? ???????? ???? ??????????? ??? ????: ?????????? ?? ?????????, ?? ???? ????? ? ????? ??????? ??????? ?????? ??? ????????? ??? ??????????? ? ?????????? ?????? ?????????; ??? ??????????? ?? ???????, ?? ???? ??????? ??????, ??????? ???? ?? ?????? ?????????????? ????? ????? ???????? ??????? ?? ???????????, ????? ?? ???? ???????? ?????????????? ????????? ??? ?????????????? ???????? ??????????? ???? ??????????

???? ??? ??????????? ??????? ????? ???—?????? ????? ?? ???? ??????? ?????? ??????? ?????????? (Register of Members) ?????? ????? ???????? ???????? ??? ??????????? ???—??? ???? ??????, ????????? ???????, ?????????? ???????????? ?? ??????? ??????? ??? ?????? ???????????? ???? ??? ??????????? ?? ?????? ???? ????????? ??????? ?????? (RJSC)-?? ???? ???????? ??????????? ???????? ??????

????????? ?????: ?????????? ???? ???????????

????????? ????? ?????????? (?????????) ????? ??????????? (???????)
??????? ??????????? (??????????) ??????????? (????? ??????)
??????????? ??????????? ???? (??? ???) ????????? ?????? (???????????/???????)
????? ?? ???????? ????????? ???????? ??
????????? ????? ???????? (????????? ???????, ????) ???????? ??
???? ???? ???? ?? ???? ??

??? ?: ????? ????????? — ????????? ?????????

?????? ???????: ???? ????? ???????? ????? ?? ???? ???????, ????? ????? ??????????? ???????? ?????????????? ? ????????? ???????? ????????? ???? (Instrument of Transfer) ?????? ???????????? ????? ???? ??????? ?????? ??? ??????? ?????? ??????????? ????????? ?????? ?????? (??????????????) ?????? ???? ??? ??? ?? ????? ????? ?? ???? ?????????? ????

?.? ?????????? ??????

???? ????? ???????? ????? ?? ???? ??? ????????? ????????? ??? ??????? ??? ??? ????? ??, ????? ??? ??????? ???????? ??? ????????? ??????? (Articles of Association) ??????? ????? ????????? ???? ???????? ???????? ?? ??????????????? ??? ???? ??????? ??????????

?.? ?????????? ??????????? ??????: ?????????????? ??????

???????? ???????????? ??????? ????? ????????? ?????-?????????? (Pre-emption) ????????? ???? ??????????? ???? ????????? ???? ????????? ???????????? ????, ?? ???? ??????? ??????? ????? ????? ????? ??? ?????? ????? ???? ???? ???????, ???? ??? ? ???-?? ????? ??????????? ?? ???????? ???? ????? ??? ??? ?????

?.? ??? ?????? ??? ???????? (Estoppel) ?????

??? ???? ????????????? ??? ??????? ??????? ???? ?? ????? ????????? ????, ??? ?????????? ?????? ??? ??????????? "???" (Certification) ?????? ???? ??? ???? ???? ????? ??????????? ???????? (Bishop v. Balkis Consolidated Co.) ????? ???????, ???????? ???? ?????????????? ??????? (Bona fide purchaser) ??????? ?? ???????????? ????? ???????? ???? ???? ?? (?????? ???????? ???????? ?????? ????)?

?.? ???? ?????????? ??????????? ?????? ????????? ????? ?????????

??????????? ????????????? ????????, ????????? ????????? ???????? ??????? (CDBL) ???? ????? ????????? ??? ??????? ??????????? ?????? ????????? ???? ?????????? ???-??????? ??????? ??????? ????????? ?????? ????? ??? ?????, ??? ??? ???????????????? (?????) ??????? ???????? ??????? ????-??????? ??????????? ?????????? ??????????? ?? ????

??? ?: ????? ????????? — ?????????? ?????????

??????? ???????: ??? ??????? ?????? ?? ???????????? ???????? ??????? ????????? (???????????) ???? ?????? ??????????? (Transfer) ???? ??? ?????, ???? ??? ??????? ????? ????????? ???????? ???? ???? ???????? ?????????? ??????—???? ??????? ??????????? ?? ?????? ?? ?????????????????—??????? ???

?.? ?????????? ??????

???? ?? ??????????? ?? ??????????? ???????? ????????? ???? ?? ???? ???? ????????? ????? (Instrument of transfer) ???????? ???? ???????? ???????? ???????? (???????, ??????? ??????????? ?? ??????? ????) ??????? ??? ?????????? ??????????? ??? ???????, ??????? ?????? ??????????? ???? ?? ??????????? ??????????

?.? ??????????? ???????? ?????????? ?????? ? ???????

?????????? ?????? ???????? ???????????? ?????? ??????? ???? ???? ???? ???? ??? ????????????? ??? ???????? ????????? ??????? ???????? ????? ?????? ?????, ???? ????????? ???????? ???? ??? ??????????? ????????? ???????? ????????????????? ????? ??? ????? ????? ????????? (Double liability) ????? ????

?.? ??????? ??????? ???????????: ??????? ??????????? ????????

???????? ????????, ???????? ?????? ???? ?? ?????? ???????? ??????? ???????????-?? ???? ??? ?????? ????????? ?????? ????????, ??????????? ?????? ??? ?????? ????????? ????????? ???? ?????? ????? ???? ?????? ?????? ???

????? III: ???????? ?????????? — ????, ?????? ??? ???????????

?????? ???????: ????? ??????????? ???????? ???????? (RJSC) ?????? ???? ??????? ????????? (Annual Return) ???????? ??????? ??? ???, ??? ?? ??????????? ??? ????????? ???? ???????? ???, ??? ????????? ???? ? ????????? ??????????? ???? ????? ???? ?? ????? ????? ?????? '???? XII' ??? ???? ????

?.? ?????????? ???????? ????????? (????????-?? ??????)

?? ???????? ????? ????? ????????? ???? ??? ?????, ????????? ????????? ???? ????? ????????? ????? ??? ?????????? ????????? ?? ???????? (Register of Members) ????? ???? ????? ??????? ?????? ????? ?????? ??????? (NBR) ??????? ????????? ????? ??????? ???? ?????? ????? ???? ????

?.? ???????? ??????: ?????? X ??? ???? XII

????? ??????????? ?????? ??????? ???????? (?????? X) ?????? ???? ??? ????? ??????????? ??? ????????? ???? ???????? ???? ?? ?????? ???? XII-?? ??????? ????? ???? ????

?.? ?????? X: ??????? ?? ????????? ????????

?? ??????? ??? ????? (SRO) ???????? ??????? ????????? ??? ???? ??????? ??????? ???? ?????? ????????-?? ??????? ?? ??????????? ??????? ????, ???? ???? ????? ????? ??????? ???? ?????? ??-?? ???? ????????? ??? ??????? ?????? ????? ??? ????

?????? ???: ??-??????? ?? ???????? ????????? ???? (No-Objection Bottleneck)

?????? ???????: ?????? ??? ???? ???????? ?? ?????????? ?????????????? "??-??????? ?? ???????? ????????? ?????" ???????? ??, ?????? ???????? (RJSC)-?? ???? ?????? ????????? ??????? ???? ??? ?????????? ????????? ??????? ????????? ??????? ??? ????????????? ???????? ???? (NOC) ????, ???????? ??? ??????? ????? ???????? ?????????? ????? ????????? ??????? ???? ???? ???

?.? ???????? ??????

???????? ?????? ?? ??????? (IDRA)-?? ??? ????????? ?????????? ??????? ??????????? ?????????? ???? ???????????? ??????????? ?????? ?? ??????? ??????????? ??????? ??? ?????? ?????? ??? ?? ????????-?? ?????????? ???????? ???? ??????????

?.? ?? ???? ???????????: ???? ???? ??? ????????? ???????? ????

????? ????????? ???????? "??????????? ??????" (conditional contracts) ??????????? ????, ?? ????? (NOC) ?????? ??? ?????????? ??? ????????? ??????? ????????? ???????? ???? ??????? ??????? ???? ???? ???? ???? ???? ???? ???? ?????

????? V: ??????, ???????? ??? ??????? ????????

?????? ???????: ???????? ????? ?? ???? ????? ???????? ??????? ????? ??????????? ??????? ???? ???? ?????????? ???????? ???? ????? ??????? ???????? ????????? ??????? ???????? ???????????? ??? ???? ??????????????? ?????? ?????? ??????? ?????? (Rectification of the Register) ???? ??????? ???? ?????

?.? ??????? ?????? (Rectification of the Register)

???????? ????? ????????? ???? ??? ??????????? ?? ???????? ??????? ???? ????? ????????? ??????????? ?????????????? ??????????? ????????? ???? ???? ??????? ???????? ??? ???? ?????? ?????????


?????? ????????? ?????????? (FAQ)

?. ????? ??????????? ???? ?? ??????? ??????????? (??????????? ???) ???????????? ???? ??? ??????? ???????? ?????? ???????, ???? ???? ????? ?????????????? ??????????????? ???????? ????????? ????? ????? ?????? ???????? ??????? ??????????? ?? ??????????? ??? ???? ????

?. ?????????????? ???? ???? ?? ???? ????????? ??????? ??? ?????? ??? ?? ???? ???????, ????????? ?????????????? ???? ???? ???? ????????? ??? ???? ???? ???? ????????? ??????? ??? ?????? ?????? (??????? ????????)?

?. ???????? (RJSC)-?? ?????? ???? ?? ?????? ???? ????? ????????-?? ??????? ?? ?????? ????? ??? ????? ?????? ??????? ??????? ??????? ????, ???? ???? ????? ??? ?????? ??? ?? ??????? ???

?. ??? ???? ??????????? ??? ???? ????????? "????????" ??????? ???????? ?? ??? ?? ???? ??? ???? ??????????? ??? ?????????????? ?????? ?????? ?????? ???, ??? ?????????? ?????? ??? ??????? (Articles) ?????? ???? ??? ??? ???? XI ??????? ??? ?????? ??????? ???????? ?????? ??????? ???? ????

?. ???????? ????????? ????????? ????????? ??? ?? ??? ????? ??????? ??????? ??? ????? ??? ???????? ????? ??, ????????? ??????? ????? ???????? ??? ?????? ??? ???????? ??????????? ???????????? ?????? ???????? ?????

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Stage / Procedure Applicable Act & Section Official Fees (BDT) Statutory Authority
Execution of Transfer Deed (Form 117) Companies Act 1994, Section 38 & 39 Stamp Duty (As per Stamp Act 1899) Registrar of Joint Stock Companies and Firms (RJSC)
Board Approval & Registration Companies Act 1994, Section 38 N/A (Internal Company Resolution) Board of Directors
Filing Return of Change of Shareholders Companies Act 1994, Section 39 BDT 300 to 1,500 (based on authorized capital) RJSC
Transmission upon Death/Bankruptcy Companies Act 1994, Section 57 Standard Filing Fee RJSC & Court/Legal Representatives

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