Re:successsion certificate

Querist : Anonymous (Querist) 25 January 2012 This query is : Resolved
How do i go about 300 shares of a company which was in a single name and is dead without a will/nomination.what is the procedure to transfer thees shares to the heirs.

Follow Query

Report Abuse

A V Vishal (Expert) 25 January 2012
Give the brief facts of your case, the details are insufficient.

ajay sethi (Expert) 25 January 2012
are the shares in physical form or demat done . ?

if owner of shares is dead approach the company . the company has to be satisfied that you are the only legal heir . company may ask you to produce succession cetifcate . or on furnishing of indemnity bond may agree to transfer shares .

Guest (Expert) 25 January 2012
u need to get the "Succession Certificate" from the competent court, on the basis of that the said company will transfer the entire amount/ share in ur favor (legal heir)
for more info/ legal help, feel free to contact me asap.

Manoj Kumar,
Advocate,
Delhi.
Ph: 0931 044 3650
advocates.agra@gmail.com

prabhakar singh (Expert) 26 January 2012
Yes! apply for succession certificate in civil judge court of the district where deceased was ordinarily residing before his death,prove your right of inheritance then ask company to transfer shares in you name.

Shonee Kapoor (Expert) 26 January 2012
Agreed with experts.

Regards,

Shonee Kapoor
harassed.by.498a@gmail.com

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

Ask Query
Unanswered Queries