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Transfer of shares of deceased shareholder of private company

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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 ?

Replies (1)
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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