Transfer of shares
This query is : Resolved
01 March 2013
Gud afternoon all,
i have a query
"a shareholder in the public company due to death does not remain to be member of the company, now his legel representative wish to become the shareholder of the company and had proper declaration sanctioned and approved by the court that he is the only legal representative of the deceased shareholders, whare the company refuses to do so because they are demanding succession certificate now what action undertaken by the shareholder so as to get the membership in the company?
i have a query
"a shareholder in the public company due to death does not remain to be member of the company, now his legel representative wish to become the shareholder of the company and had proper declaration sanctioned and approved by the court that he is the only legal representative of the deceased shareholders, whare the company refuses to do so because they are demanding succession certificate now what action undertaken by the shareholder so as to get the membership in the company?
01 March 2013
When nomination is not made and shares are held in single name only than Succession Certificate is must.
But many companies are allowing affidavit in lieu of Succession Certificate if Market Value of shares is less than 20000.
But many companies are allowing affidavit in lieu of Succession Certificate if Market Value of shares is less than 20000.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- Treatment of Pension ?annuity returns on PMVY
- Sales return eway bill
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- TAN for Partnership
- REGARDING GST LIABILITY/....
- Last year TDS Claim
- Long Term Service award taxability in hands of company
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
