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anita (trainee)     28 September 2021

Transfer of shares of deceased shareholder of private company

Can a deceased share holder's shares be transferred to his wife on the production of his death certificate and a letter from other class 1 heirs to transfer shares in her name ?

 1 Replies


Chirag (Professional)     07 October 2021

Death Certificate + Indemnity as decided by Board + Succession Certificate + Probated Will Copy ...On case to case basis it may be on the discretion of company NOC + Affidavit+ Indemnity + Relinquishment may be taken from other legal heirs ,,,it's always recommended to do nomination

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