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Share Transfer

Transfer of shares between shareholders with board approval and stamp duty. Share Transfer takes 6 steps over about 80 days and is filed with the ROC on SH-4.

6 steps~80 days start to finishfiles SH-4

Last updated: 10 August 2026

What if it’s filed late?

MCA charges additional fees that rise with the delay, up to 12 times the normal filing fee. OnCompliance tracks the date and warns you before it costs anything.

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What is the timeline for Share Transfer?

6 steps over about 80 days, filing SH-4 with the ROC. Each deadline below runs from the step before it.

#StepForm filedDeadline
1Receive Share Transfer Deed (SH-4)SH-4within 3 days
2Verify Transfer DocumentsNonewithin 3 days
3Pay Stamp Duty on Transfer DeedNonewithin 7 days
4Board Approval for TransferNonewithin 30 days
5Update Register of MembersNonewithin 7 days
6Issue New Share CertificatesNonewithin 30 days

What are the steps, in order?

The 6 steps below run in order; the day counts show how long each one allows.

1

Receive Share Transfer Deed (SH-4)

Obtain executed Share Transfer Deed in Form SH-4 along with share certificates from transferor.

within 3 days · files SH-4
2

Verify Transfer Documents

Verify transfer deed, share certificates, and compliance with AOA restrictions (if any).

within 3 days
  • Transfer deed verified
  • Share certificates verified
  • AOA restrictions checked
3

Pay Stamp Duty on Transfer Deed

Ensure stamp duty is paid on the share transfer deed as per applicable state rates.

within 7 days
4

Board Approval for Transfer

Place transfer request before the Board for approval. Board must approve or refuse within 30 days.

within 30 days
5

Update Register of Members

Record the transfer in the Register of Members with details of transferor and transferee.

within 7 days
  • Register of Members updated
  • Transferor entry updated
  • Transferee entry added
6

Issue New Share Certificates

Issue new share certificates to the transferee within 1 month of registration.

within 30 days · document made for you
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Every guide runs like this in OnCompliance: steps in order, dates in view, paperwork made for you at each step.

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Common questions

How long does Share Transfer take?

About 80 days across 6 steps. The first step is: Receive Share Transfer Deed (SH-4).

Which MCA form is filed for Share Transfer?

SH-4.

What does it cost if SH-4 is filed late?

MCA charges additional fees that rise with the delay, up to 12 times the normal filing fee.

Can OnCompliance run Share Transfer for me?

Yes. OnCompliance runs the same steps in order, dates in view, with the paperwork made for you at each step.