About Share transfer:

Share transfer is a transaction resulting to change of ownership. Shareholder is a owner of the company and one of most important feature of the company and shareholder right to transfer his ownership subject to the article of association. A company will register a share transfer application only when an instrument of share transfer(Deed) that is duly stamped, dated and executed by the transferor in support of the transferee with name, address and occupation has been delivered to the company by either party within a period of sixty days from date of execution.

About Share transmission:

Share transmission is automatic process when shareholder dies, his shares immediate transfer to his legal heirs. If member declared bankrupt than his share will vest with the trustee in bankruptcy. who want transmission by operation of law in his or her favour, will file a simple application with the Company with pertinent documents such as Death Certificate, Succession Certificate, Probate, Specimen Signature of Successor etc., dependent upon various circumstances may perhaps be considers essential for transmission by the Company.

Important Point to be considered while Share Transfer or/and Transmission:

• Check the restriction in AOA
• Share Transfer / Transmission Notice to be given
• Execute the Share Transfer Deed 
• Required to Pay Stamp duty