Transfer of shares
sailesh
(Querist) 02 July 2014
This query is : Resolved
Hello....
I was having 800 Gujarat Meditech Ltd 's Equity shares , which i have sent to Registrar office for transferring it to my daughter's name....on dated 15/10/2013.
I wrote many letters to them for this matter , but they are not transferring the shares..nor they are sending back me those shares.....
So what can i do now for this matter....??
please help me that can i take any legal action on that company for the same matter....??
please do the needfull..
Thank You.
Anirudh
(Expert) 02 July 2014
Which Registrar's office did you send?
Rajendra K Goyal
(Expert) 02 July 2014
Lodge complaint to SEBI.
Also send legal notice to company and registrar office.
If send by registered post, track online when the document was delivered.
malipeddi jaggarao
(Expert) 03 July 2014
Nowadays, shares in physical form are outdated. You are required to convert them into demat shares by opening a demat account with some Depository. Consult local share broker who can be of help to you. Take the xerox copies of the shares, correspondence, and the evidence of sending the shares. They will properly advise you by looking into all the papers.
T. Kalaiselvan, Advocate
(Expert) 05 July 2014
A visit to a local share broking office will make you aware of all the procedures and formalities to be complied for the purpose.
