Revised Format SH-4 (SECURITIES TRANSFER FORM)

Companies (Share Capital and Debentures) Amendment Rules, 2022 amended Form No. SH-4 (Securities Transfer Form) .

Following declaration required to be given:

In Declaration:

Transferee is not required to obtain the Government approval under the Foreign Exchange Management (Non-debt Instruments) Rules, 2019 prior to transfer of shares;

or

Transferee is required to obtain the Government approval under the Foreign Exchange Management (Non-debt Instruments) Rules, 2019 prior to transfer of shares and the same has been obtained and is enclosed herewith.”

Refer below format:

Refer notification:

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