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Transmission Of Shares
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- Transmission Of Shares
Procedure of Transmission Of Shares
- Efficient Transfer Process
- Seamless Share Handover
- Quick Recovery Services
- Expert Guidance Available
- Legal Compliance Ensured
- Transparent Procedures
- Reliable Share Management
- Timely Resolution Support
- Trustworthy Transfer Agents
- Proactive Assistance Provided
Call us at +91 9099191140 for a better assistance
Process of Transmission Of Shares
- Efficient Transfer Process
- Seamless Share Handover
- Quick Recovery Services
- Expert Guidance Available
- Legal Compliance Ensured
- Transparent Procedures
- Reliable Share Management
- Timely Resolution Support
- Trustworthy Transfer Agents
- Proactive Assistance Provided
Call us at +91 9099191140 for a better assistance
What is Transmission of Shares?
The transmission of shares refers to the process by which shares of a company are transferred to another person due to events such as the death of a shareholder, bankruptcy, or any other legal scenario where the shares need to be passed on to a successor. Unlike a transfer of shares, which is a voluntary act, transmission of shares is an involuntary process typically governed by the operation of law.
- Best Award
How To Do Transmission of Shares?
Transmission of shares to an extent is a complicated process that involves the entire process to go through a legal framework that has several ramifications.
We facilitate the smooth transmission of shares for our clients by overcoming legal complications. The layman confuses themselves between the transmission of shares and transfer of shares.
In case of death the transmission of shares application is processed and documents as per SEBI regulation needs to be submitted. As per present regulation of SEBI for transmission of shares below value of Rupees Five Lacs the succession certificate or registered will is not mandatory.
For transmission of shares that is transferring the shares to the legal heir after death of original shareholder, the SEBI guidelines are very strict and legal heirs is required to adhere the said compliances.
- Best Award
How To Do Transmission of Shares?
Transmission of shares to an extent is a complicated process that involves the entire process to go through a legal framework that has several ramifications to speak
We facilitate the smooth transmission of shares for our clients by overcoming legal complications. The layman confuses themselves between the transmission of shares.
the transfer of shares but these are two different things that are easily explained further
Resolution for Holdings in Multiple Companies
If in case the deceased shareholder has Equity or Preference shareholding in multiple companies then the requisite documents along with share certificates have to be sent to each of those companies to enable smooth transmission of shares. Aggressive follow-ups are done with those companies to speed up the documents processing.
Claim in case of Joint Share Holding
As in the case of the joint shareholder if any one of the shareholders is deceased the surviving shareholders must have a depository account to initiate the transmission process by following all legal procedures as laid down by the company and if the shares are transferred to IEPF, further requisite documents are required to be submitted to claim the shares from authority.