Am looking to address a situation in our Housing Society at Navi Mumbai, Maharashtra where a share Certificate needs to be transferred in the name of the daughter of the original owner who passed away due to COVID. The problem is the share certificate has been laminated and efforts to delaminate have not been successful. How is this situation to be addressed. All other formalities of Indemnity Bond, Heirship certificate etc have been submitted to the Society. Do we issue a totally new certificate with a new number or do we issue a new certificate bearing the old number and transfer the contents of information related to all the transfers that have taken place on to the new one. And the Society takes possession of the old certificate so that there can be no misuse.
Would appreciate receiving information on the above topic so that we can take a proper decision
Kind Regds
Suresh
