To transfer shares of a private limited company, the following steps must be taken:

Step 1: Obtain the transfer deed form from the company’s records or the registrar of companies.

Step 2: Fill out the transfer deed form with the necessary information, including the name and address of the transferor and transferee.

Step 3: Have the transfer deed form signed by both parties.

Step 4: Obtain necessary approvals and signatures from the company’s directors and shareholders, as required by the company’s articles of association.

Step 5: Submit the completed transfer deed form to the registrar of companies for stamping and registration.

Step 6: The registrar of companies will review the form and, if satisfied, will stamp and register the transfer of shares.

Step 7: Update the company’s records to reflect the transfer of shares.

Step 8: Issue a new share certificate in the name of the transferee.