Death of Director

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Querist : Anonymous

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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..

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.


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