What is the procedure to change/transfer share holding from a deceased person to his son?
P C Agrawal
(Registered independent director Past Chairman of Aurangabad Chapter of ICSI Practicing Company Secretary at Aurangabad)
(8229 Points)
Replied 24 January 2014
It is not a case of transfer. It is a case of transmission of shares by operation of law. Son has to produce required documents to the company (death certificate, succession certificate etc.) to the company and get the shares transmitted in his favour.
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