Board resolution format for approving a transfer of equity shares under Section 56, with transfer deed checks, register entries and demat-only transfer rules.
“RESOLVED THAT pursuant to the applicable provisions of the Companies Act, 2013 read with the rules made thereunder, including any statutory modification(s), amendment(s) or re-enactment(s) thereof for the time being in force and subject to the provisions of the Articles of Association of the Company, the request for transfer of Equity Shares of the Company as placed before the Board, be and is hereby considered and approved.
RESOLVED FURTHER THAT the name of the transferee(s) be entered in the Register of Members of the Company in respect of the aforesaid shares and that the existing share certificate(s), wherever applicable, be endorsed/cancelled and new share certificate(s) be issued accordingly.
RESOLVED FURTHER THAT any Director and/or Company Secretary and/or Authorised Signatory of the Company be and are hereby severally authorised to do all such acts, deeds, matters and things as may be necessary or incidental for giving effect to this resolution including making entries in statutory registers, endorsing transfer deeds and issuing necessary share certificates.”
Board resolution format for approval and registration of share transfers under Sections 56 and 58, with SH-4 checks, refusal rules and demat requirements.