Gud Morning Frnds,
Can any one tell me that under transmission of shares there is a requirement of Transfer Deed.??
give the ans with valid reason....
N if no then wats d procedure of transmission of shares.....
Payal Jain (CS) (152 Points)
19 October 2010Gud Morning Frnds,
Can any one tell me that under transmission of shares there is a requirement of Transfer Deed.??
give the ans with valid reason....
N if no then wats d procedure of transmission of shares.....
Rakesh Dhanuka
(Company Secretary)
(478 Points)
Replied 19 October 2010
Transmission of shares means devolution of title of shares otherwise than by transfer, so there is no need of transfer deed.
Procedure for Transmission of Shares;
Company effects transmission on receipt of following documents:
- Death Certificate
- Request for transmission
- Succession Certificate or Letter of Administration or Probate of Will.
- Original share certificate
- Copy of PAN Card
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