Shares transfer

arrange the  transfer of share to his/her nominee,there must be something pre-emtion right or any agreement for the same. or transfer the share to his leagl inherent.

but in both case the transferee must have a strong evidence(death certificate) of dead of the member.

In Case of Transmission of shares, there is no execution of trasmission deed or transfer deed as it is by operation of law. there is no need to pay the stamp duty. in case of private Company check the provision of transmission of shares in articles of the Company

The legal representative or successor shall submit the following documents to the Commpany

1. Copy of death certificate

2. Probate, if no probate then succession certificate

Probate shall be signed and stamped under the proper authority

Further unless restricted by law , the share certificate sare isssued within the period of 30 days from the date of submission of documents by the legal representative to the Company