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Transmission Of Shares
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- Transmission Of Shares
Transmission Of Shares
- Shares Claim from IEPF
- Dividend Claim from IEPF
- Lost Shares Recovery
- Issue of Duplicate Shares
- Recovery of Shares after death of Shareholder
- Recovery of Shares from Company or IEPF
- Recovery of Shares from Physical to DMAT
- Recovery of Disputed Shares (NCLT)
- Call us at +91 9099191140 for a better assistance
Transmission Of Shares
- Shares Claim from IEPF
- Dividend Claim from IEPF
- Lost Shares Recovery
- Issue of Duplicate Shares
- Recovery of Shares after death of Shareholder
- Recovery of Shares from Company or IEPF
- Recovery of Shares from Physical to DMAT
- Recovery of Disputed Shares (NCLT)
- Call us at +91 9099191140 for a better assistance
Transmission Vs Transfer
Unlike the transfer of shares transmission or bequeath of shares are done voluntarily by the shareholder without any consideration through will, deed, or agreement to his or her legal heir. It is an act by operation of law where the shares are transferred to the legal heir of the deceased on producing registered will, court decree, succession certificate or probate to the company/ registrar transfer agent. No Objection Certificate by other legal heirs of the deceased is a necessary document for transmission of shares.
On the other hand, the transfer of shares is done for consideration (payment) by one shareholder to the other. This basic difference has been clearly stated in the Companies Act 2013
- Best Award
Transmission of Shares recover
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
Transmission of Shares recover
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.