Assignment of Shares in a Public Limited Company: Format
Reference draft used in Indian courts — replace the blanks with your own case details.
A wife of Shri .........resident of .........(hereinafter.called "the Assignor") of the ONE PART and Mrs. B
daughter of Shri.................resident of................(hereinafter called "the assignee") of the OTHER
PART.
THIS DEED WITNESSES THAT: In consideration of the sum of Rs...............to the said assignor paid by the assignee, the receipt
whereof the said assignor does hereby admit, acknowledge and confirm, the said assignor do hereby
transfer to the said assignee.................ordinary shares of the face value of Rs .................each
numbered from...............to.........(both inclusive) of. the...............Company Ltd., to have and to hold
the same to the assignee, his heirs, executors, successors, administrators and assigns absolutely,
subject to the conditions of the memorandum and articles of association of the company, on which the
assignor held the same at the time of the execution AND the assignee hereby agrees to take the said
shares subject to the said conditions.,
In witness whereof the parties hereto have hereunto set and subscribed their, respective hands, the day
and year first hereinabove written.
WITNESSES 1. Signed and delivered by Mrs. A, the withinnamed
Assignor
2. Signed and delivered by Mrs. B, the withinnamed
assignee Consideration Assignment
Using this format
This is a reference draft reproduced for study and adaptation. Court rules, court fees and the correct forum vary with the facts and the value of the claim, so have the document checked and filed by an advocate. A defective application can be returned or dismissed even when the case itself is good.
Our Corporate & Company Law team drafts and files these documents before the Calcutta High Court, city civil courts, magistrate, family and consumer courts in Kolkata. Our corporate team handles company formation, filings and commercial contracts.
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Disclaimer: this page is a sample format reproduced for reference and study. It is not legal advice and does not create an advocate–client relationship.