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.
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.
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.
| # | Step | Form filed | Deadline |
|---|---|---|---|
| 1 | Receive Share Transfer Deed (SH-4) | SH-4 | within 3 days |
| 2 | Verify Transfer Documents | None | within 3 days |
| 3 | Pay Stamp Duty on Transfer Deed | None | within 7 days |
| 4 | Board Approval for Transfer | None | within 30 days |
| 5 | Update Register of Members | None | within 7 days |
| 6 | Issue New Share Certificates | None | within 30 days |
What are the steps, in order?
The 6 steps below run in order; the day counts show how long each one allows.
Receive Share Transfer Deed (SH-4)
Obtain executed Share Transfer Deed in Form SH-4 along with share certificates from transferor.
Verify Transfer Documents
Verify transfer deed, share certificates, and compliance with AOA restrictions (if any).
- Transfer deed verified
- Share certificates verified
- AOA restrictions checked
Pay Stamp Duty on Transfer Deed
Ensure stamp duty is paid on the share transfer deed as per applicable state rates.
Board Approval for Transfer
Place transfer request before the Board for approval. Board must approve or refuse within 30 days.
Update Register of Members
Record the transfer in the Register of Members with details of transferor and transferee.
- Register of Members updated
- Transferor entry updated
- Transferee entry added
Issue New Share Certificates
Issue new share certificates to the transferee within 1 month of registration.
Every guide runs like this in OnCompliance: steps in order, dates in view, paperwork made for you at each step.
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.