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What is an Instrument of Transfer?
An Instrument of Transfer is a document necessary for transferring the legal title of the shares.
It is important to check stamping requirements and procedures under the relevant jurisdiction relating to an Instrument of Transfer.
Stamping procedures may require an Instrument of Transfer to be executed offline (i.e. e-signature is not accepted).
Key points included
- Identity (name and address) of the transferor, transferee, and subject company, the shares of which are being transferred;
- Details of the shares being transferred; and
- Purchase price for the transfer.