documents for transmission

458 views 4 replies

Mayuri Lal

officer CS

748 Points Joined September 2010

Dear members,

A person has died on 27.07.2007 , he is holding shares in 7 to 8 companies
....now his shares will be transmiited to his legal heirs.. n in this case needs
to be transferred to his wife only ..n he has 4 daughters..... and theya re all residing in four differnt cities

i wanted to know wat all documents are required exactly...as per studied my me
transmission application and NOC from all legal heirs i.e his 4 daughters is
sufficient????

and we cant submit succession certificate or letter of from administration
....soo do i need to submit an indemnity bond and affidavit for the non
submission of the succession certificate or letter of administration ....or jus
the transmission aplication along with the NOC's is sufficient...

Please make me clear exactly wat all documents required.....

please tell me the easiest way to complete teh transmission

Regards,
CS Mayuri Lal

Replies (4)

Mayuri Lal

officer CS

748 Points Joined September 2010

because affidavit and indemnity bond n all needs to be executing whi is gonna require stamp duty and will increase the expenditure

HARDIK

COMPANY SECRETARY NCFM (Corporate Gover

664 Points Joined October 2008

you are right but indemntiy bond and affidavit both requiers by different companies.

also death certificate required.

Mayuri Lal

officer CS

748 Points Joined September 2010

so i cant skip on indemnity bond and affidavit...thank u

HARDIK

COMPANY SECRETARY NCFM (Corporate Gover

664 Points Joined October 2008

ya listed companies requiere indemnity bond and affdavit generally. first communicate with company and ask about their requirement and do accordingly.