Share transfer is a crucial aspect of private limited companies, allowing for the mobility and negotiation of shares. While shares in public corporations can be easily transferred, private companies often have provisions in their Articles of Association (AOA) to limit the transferability of shares. It is essential to review the company’s AOA before initiating the share transfer process. This article provides a comprehensive guide to share transfer in a private limited company, including its benefits, a checklist for transfer, required documents, features of the transfer, and the step-by-step procedure to ensure compliance with ROC compliances.