Document Type: DOCX
Number of Pages: 2
A Board Resolution for Transfer of Shares is a formal decision made by the board of directors of a company to approve the transfer of shares from one shareholder to another. It ensures that that the transfer is legally recognized, complies with the company's Articles of Association and is properly recorded in the company's books.Key Components:1. Company Details2. List of Attendees3. Agenda of the Meeting4. Resolutions Passed5. Signatures and CertificationPurpose of a Board Resolution for Transfer of Shares:1. Legal Compliance2. Record Keeping3. Issuance of New Share Certificate4. Issuance of New Share Certificate5. Protects Stakeholders' Interests6. Enables Business ContinuityDownload an editable copy which you can customize to meet your requirements.
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