Shares are transferred (e.g. sold) from one member to another or a new member.
|From the Main Toolbar, go to Company.
|Select the Company from the list.
Select Share Transfers
CAS 360 will display the Share Transfers screen.
|Input the date of the transfer
In the Transfer From Field, CAS 360 will display a list of the company's current shareholders
|CAS 360 will automatically prefill this field if there is a beneficial owner.
Begin typing the new shareholder's name. CAS 360 will begin searching the Global Contact screen for the person. If the Contact has not been previously added to the Global Contact screen, will appear.
Click to add a new contact.
|Click to add a beneficial owner from the contact screen if one applies.
In the Share type field, CAS 360 will display a list of the share types the shareholder holds
Number Of Shares
|Input the Shares transferred
|Consideration Paid Per Share
|Input the amount paid for the transfer of the shares
Number Of Shares
|Input the Shares allotted
|Select the meeting status of the member which will appear on the Resolutions.
|Notes can be added in the box displayed. Notes will not feature on the register of members.
CAS 360 will display the Document Production screen and automatically select the documents required:
- Cover Letter (optional)
- Registers – Members
- Directors Meeting Minute or Resolution
- Share Certificates
- Notice of EGM (optional)
- Share Transfer Form
- Notices of Beneficial Ownership (only if a Beneficial owner was selected)
- Declaration of Trust (only if a Beneficial owner was selected)
- Members Minutes or Resolution (optional)
- Members Consent (optional)