Death of Director
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
09 November 2009
sir,wanted to know how to deal with shares held by a Director on his death.Does it lead to transmission,transfer or allotment of shares..
Ankur Garg
(Expert)
09 November 2009
Shares of director should be transmitted to the nominee or lagal heirs of deceased director.
No transfer or allotment in this case.
No transfer or allotment in this case.
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