Jan 05, 2026 Circulars & Notifications Link
Transfer of Shares of a Section 8 Company
(Premium on Shares and Related Issues)
Key areas covered include:
- Whether shares of a Section 8 company can be transferred at a premium
- Fiduciary limitations on members and directors
- Legal and regulatory consequences of charging premium
- Applicability of Rule 11UA valuation and capital gains implications
- Judicial precedents on misuse of charitable corporate structures
