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Anyone that can help with the below:
PTY ltd was set up in 2013. No trading yet. Issued shares 100 shares. Two shareholders 50/50 each. They both were directors. One of them has now resigned. This has been lodged with CIPC. They want to transfer the 50 shares to the remaining shareholder / director. I understand that this information does not need to be lodged with CIPC - this is an internal arrangement. For their peace of mind - what can the shareholders do by way of records to record internally among themselves that the shares have been sold.
Thanks
PTY ltd was set up in 2013. No trading yet. Issued shares 100 shares. Two shareholders 50/50 each. They both were directors. One of them has now resigned. This has been lodged with CIPC. They want to transfer the 50 shares to the remaining shareholder / director. I understand that this information does not need to be lodged with CIPC - this is an internal arrangement. For their peace of mind - what can the shareholders do by way of records to record internally among themselves that the shares have been sold.
Thanks