Transfer Deed or sale of shares agreement or any other instrument to evidence the transfer.
Cancel the previous share certificate of the previous share certificate of the previous owner.
Issue new share certificate and arrange for signature by two persons authorized by the board of directors.
Prepare resolution passed by the board of directors.
Update securities register.
Paying stamp duty on the transfer deed based on the consideration amount (0.25%) within two months from the month end of the month that the shares were transferred in.
To place on file:
Attach cancelled share certificate to transfer deed or transfer instrument and place on file.
To keep safely the new certificate. If handed to shareholder, keep a copy of the signed share certificate on file.
