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At the end of Form MGT-5 a certificate is required to be signed by the person who has transferred the beneficial interest in the shares. Who will be that person, transferor of the shares or the person who has registered the transfer in the company’s books means Director. Further the instrument/document under which the beneficial interest is created is to be attached with Form MGT 4 & MGT 5 both. Which document is this, transfer deed or sm other document

Section 89- Declaration in respect of beneficial interest in any share.

Posted By: Anita 10 year(s) ago

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AKILA

The certificate under MGT-5 to be signed by the transferor, the ultimate beneficial owner. Beneficial interest can be created by documents like letter or mou

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Expert Ankit Singhi

it will be made by the person in whose name the shares is registered or the new owner. Document can be in form of some agreement etc.

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