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transmission

Rutuja Kale (1 Points)

19 September 2018

In case of transmission who has right to aaply for shares, the documents to be attached by widow.?

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3 Replies

Sriram Santhanam (156 Points)
Replied 19 September 2018

Legal heir of the deceased as per succession certificate issued by competent court or letter of administration, probated will, etc...in case of single holder of shares alone has right to claim shares.

A) Documents required in general if value of shares are more than 2 lacs:
1) Attested copy of death certificate
2) Attested copy of succession certificate, letter of administration, probated will in case value of shares are more than 2 lacs
3) Original share certificates
4) Id proof of all legal heirs
5) Pan card copy of all legal heirs
6) Address proof of all legal heirs
7) Signature if claimant attested by bank manager
B) For shares of value less than 2 lacs
1) Legal heirship certificate
2) Indemnity on required stamp paper
3) Affidavit on required stamp paper
4) Attested copy of death certificate
5) And all docs as mentioned under A from SL no 3 to 7
Above mentioned documents are not exhaustive in nature and more relevant docs can be taken if required.

Jaime Sawyer (CEO) (22 Points)
Replied 25 September 2018

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