Equity Events, Legally Structured
Whether issuing new shares or transferring ownership, equity changes must follow a strict legal process. Incorrect filings or missing resolutions can lead to non-compliance under the Companies Act, 2013.
Lekshmi N Iyer & Associates offers complete assistance from due diligence and valuation to board resolution drafting and form filing—so every allotment or transfer is timely, accurate, and future-proof.
We support
We also assist businesses issuing ESOPs, preference shares, or restructuring their cap table.
Why This Matters
Share allotments and transfers are not just internal records—they trigger compliance requirements like valuation, form PAS-3, and shareholder disclosures. Mistakes here can affect future funding, statutory audits, and even shareholder rights.
We make the process investor-friendly, MCA-compliant, and audit-ready.
Process
Determine Mode of Equity Change
Understand if it’s a new issue (allotment) or a transfer (secondary sale).Document & Resolution Drafting
Draft notice, resolutions, share certificates, and transfer deeds.Valuation (if required)
Assist with fair valuation reports as per Income Tax and Company Law.ROC Form Filing
Submit PAS-3 and MGT-7A with the necessary attachments.Statutory Register Updates
Update Share Transfer and Allotment Registers as per MCA requirements.
What’s Included
Board & Shareholder Meeting Support
Drafting of notices, resolutions, and recording minutes.
Form PAS-3 Filing
Including valuation reports, board resolutions, and allotment details.
Transfer Deed Preparation
Help with Form SH-4 and supporting documentation.
Share Certificate Assistance
Preparation and stamping support.
Share Allotment & Transfer FAQs
Common questions about income tax, compliance, and litigation support in India.
Is valuation required for issuing new shares?
Yes, especially for unlisted companies. We assist with CA-certified valuation reports.
What’s the timeline for filing PAS-3?
PAS-3 must be filed within 15 days of allotment. Delays can invite penalties.
Do both buyer and seller need to sign for a share transfer?
Yes. A valid SH-4 transfer deed requires signatures from both parties and a witness.
Can we issue shares at a premium?
Yes, but it must be supported by valuation and properly disclosed in filings.
