A share is a movable property and can therefore be transferred to another person or corporate body. The existing holder of shares is called the transferor. The person who will acquire the shares is called the transferee.

Frequently Asked Questions

    TRANSFEROR IS ALIVE

  • From parents to child/children

    Documents Required

    1. Transfer form to be duly filled and signed by both parties (Originals to be submitted)
    2. Copy of NIC or Passports are accepted (Photo and Signature should be visible). For Minors: Photocopies of Birth Certificates AND their responsible party(ies) must sign on their behalf.
    3. All Original Share Certificate(s): In case of lost or destroyed certificate(s), please click here.
    4. Copy of Birth Certificate of Child / Children (transferee)
    5. Amendment form to be filled by the transferee(s) to credit any onward dividend into his/her bank account
    6. Copy of Bank Statement showing clearly the name and account number as proof

    Downloadable Forms

    SIT Transfer form (SIT/T/02) can be downloded here.
    SIT Amendment form (SIT/A/09) can be downloded here.
    SITLH Transfer form (SITLH/T/03) can be downloded here.
    SITLH Amendment form (SITLH/A/24) can be downloded here.

    (Kindly contact the SIT Office for payments of relevant fees)

  • From children (minor) to parents

    Pertaining to this matter, a Judges’ Order is needed as per Article 394 of the Civil Code, in the above circumstances.

    Documents Required

    1. Transfer form to be duly filled and signed by both parties (Originals to be submitted)
    2. Copy of NIC of parents /guardians or Passports are accepted (Photo and Signature should be visible)
    3. All Original Share Certificate(s): In case of lost or destroyed certificate(s), please click here.
    4. Copy of Birth Certificate of Child / Children
    5. Amendment form to be filled by the transferee(s) to credit any onward dividend into its bank account
    6. Copy of Bank Statement of the Transferee showing clearly the name and account number as proof

    Downloadable Forms

    SIT Transfer form (SIT/T/02) can be downloded here.
    SIT Amendment form (SIT/A/09) can be downloded here.
    SITLH Transfer form (SITLH/T/03) can be downloded here.
    SITLH Amendment form (SITLH/A/24) can be downloded here.

    (Kindly contact the SIT Office for payments of relevant fees)

  • From grand-parents to grand-children

    Documents Required

    1. Transfer form to be duly filled and signed by both parties (Originals to be submitted)
    2. Copy of NIC or Passports are accepted (Photo and Signature should be visible). For Minors: Photocopies of Birth Certificates AND their responsible party(ies) must sign on their behalf.
    3. All Original Share Certificate(s): In case of lost or destroyed certificate(s), please click here.
    4. Copy of Birth Certificate of Children and that of his/her guardian
    5. Copy of NIC or Passports are accepted (Photo and Signature visible) of his/her guardian
    6. Amendment form to be filled by the transferee to credit any onward dividend into his/her bank account
    7. Copy of Bank Statement of the Transferee showing clearly the name and account number as proof

    Downloadable Forms

    SIT Transfer form (SIT/T/02) can be downloded here.
    SIT Amendment form (SIT/A/09) can be downloded here.
    SITLH Transfer form (SITLH/T/03) can be downloded here.
    SITLH Amendment form (SITLH/A/24) can be downloded here.

    (Kindly contact the SIT Office for payments of relevant fees)

  • Transfer to a non-member of the family

    Documents Required

    1. Transfer form to be duly filled and signed by both parties(Originals to be submitted)
    2. Copy of NIC or Passports are accepted (Photo and Signature should be visible). For Miniors: Photocopies of Birth Certificates AND their responsible party(ies) must sign on their behalf.
    3. All Original Share Certificate(s): In case of lost or destroyed certificate(s), please click here.
    4. Amendment form to be filled by the transferee(s) to credit any onward dividend into his / her bank account
    5. Copy of Bank Statement of the Transferee showing clearly the name and account number as proof

    Downloadable Forms

    SIT Transfer form (SIT/T/02) can be downloded here.
    SIT Amendment form (SIT/A/09) can be downloded here.
    SITLH Transfer form (SITLH/T/03) can be downloded here.
    SITLH Amendment form (SITLH/A/24) can be downloded here.

    (Kindly contact the SIT Office for payments of relevant fees)

  • Transfer between spouse

    Pertaining to this matter, a Judges’ Order is needed as per Article 394 of the Civil Code, in the above circumstances.

    Documents Required

    1. Transfer form to be duly filled and signed by both parties(Originals to be submitted)
    2. Copy of NIC or Passports are accepted (Photo and Signature should be visible)
    3. All Original Share Certificate(s): In case of lost or destroyed certificate(s), please click here.
    4. Copy of Marriage Certificate
    5. Amendment form to be filled by the transferee to credit any onward dividend into his/her bank account
    6. Copy of Bank Statement showing clearly the name and account number as proof

    Downloadable Forms

    SIT Transfer form (SIT/T/02) can be downloded here.
    SIT Amendment form (SIT/A/09) can be downloded here.
    SITLH Transfer form (SITLH/T/03) can be downloded here.
    SITLH Amendment form (SITLH/A/24) can be downloded here.

    (Kindly contact the SIT Office for payments of relevant fees)

  • Transfer to or from a company

    Pertaining to this matter, a Judges’ Order is needed as per Article 394 of the Civil Code, in the above circumstances.

    Documents Required

    1. Memorandum & Articles of Association / Constitution of the Company appointing authorised Signatories
    2. Certificate of Incorporation
    3. Resolution / Extract of Minutes wherein Transfer/Purchase is authorised
    4. Copy of NIC or Passports of Signatories are accepted (Photo and Signature should be visible)
    5. All Original Share Certificate(s): In case of lost or destroyed certificate(s), please click here.
    6. Amendment form to be filled by the transferee to credit any onward dividend into his / her bank account
    7. Copy of Bank Statement showing clearly the name and account number as proof

    Downloadable Forms

    SIT Transfer form (SIT/T/02) can be downloded here.
    SIT Amendment form (SIT/A/09) can be downloded here.
    SITLH Transfer form (SITLH/T/03) can be downloded here.
    SITLH Amendment form (SITLH/A/24) can be downloded here.

    (Kindly contact the SIT Office for payments of relevant fees)

  • TRANSFEROR IS DECEASED

  • Transfer onto one heir

    The following documents have to be submitted to SIT Office together with the relevant forms (as detailed below) in original:

    1. Copy of Affidavit(s) Registered At Mauritius
    2. Copy of Death Certificate
    3. Copy of NIC or Passports are accepted (Photo and Signature should be visible). For Minors: Photocopies of Birth Certificates AND their responsible party(ies) must sign on their behalf
    4. All Original Share Certificate(s) In case of lost or destroyed certificate(s), please click here.
    5. All uncashed Dividend Cheque(s) In case of lost cheque(s), please click here.
    6. A Request letter addressed to the Directors of SIT, asking them to proceed with the transfer as has been agreed by the Succession. The letter must be signed by at least one Heir
    7. Amendment form to be filled by the transferee, to credit any onward dividend into his/her bank account
    8. Copy of Bank Statement of Transferee showing clearly the name and account number as proof

    Downloadable Forms

    SIT Transfer form (SIT/TD/O4) Deceased can be downloded here.
    SIT Transfer of Dividend form (SIT/TDD/25) can be downloded here.
    SIT Amendment form (SIT/A/09) can be downloded here.
    SITLH Transfer form (SITLH/T/03) can be downloded here.
    SITLH Transfer of Dividend form (SITLH/TDD/14) can be downloaded here.
    SITLH Transfer of Option(s) form (SITLH/TO/15) ( If Applicable) can be downloaded here.
    SITLH Indemnity for Lost Option form (SITLH/IO/17) ( If Applicable) can be downloaded here.
    SITLH Amendment form (SITLH/A/24) can be downloded here.

    (Kindly contact the SIT Office for payments of relevant fees)

  • Transfer onto more than one heir

    The following documents have to be submitted to SIT Office together with the relevant forms (as detailed below) in original :

    1. Copy of Affidavit(s) Registered At Mauritius
    2. Copy of Death Certificate
    3. Copy of NIC or Passports are accepted (Photo and Signature should be visible). FOR MINORS: Photocopies of Birth Certificates AND their responsible party(ies) must sign on thier behalf
    4. All Original Share Certificate(s)In case of lost or destroyed certificate(s), please click here.
    5. All uncashed Dividend Cheque(s) In case of lost cheque(s), please click here.
    6. A Request letter addressed to the Directors, SIT, asking them to proceed with the transfer as has been agreed by the Succession. The letter must be signed by at least one heir.
    7. Amendment form to be filled by the transferee, to credit any onward dividend into his/her bank account.
    8. Copy of Bank Statement of Transferee showing clearly the name and account number as proof.

    Downloadable Forms

    SIT Division form (SIT/D/06) Deceased can be downloded here.
    SIT Transfer of Dividend form (SIT/TDD/25) can be downloded here.
    SIT Amendment form (SIT/A/09) can be downloded here.
    SITLH Division form (SITLH/D/07) can be downloded here.
    SITLH Transfer of Dividend form (SITLH/TDD/14) can be downloaded here.
    SITLH Transfer of Option(s) form (SITLH/TO/15) ( If Applicable) can be downloaded here.
    SITLH Indemnity for Lost Option form (SITLH/IO/17) ( If Applicable) can be downloaded here.
    SITLH Amendment form (SITLH/A/24) can be downloded here.

    (Kindly contact the SIT Office for payments of relevant fees)

YOU MAY ALSO BE INTERESTED IN