In a Public company, shares in joint name (husband & Wife), in which husband expired.
Wife gives shares for transmission to her name. Is it mandatory to open a Demat account and then transmit?
Please guide me
Menu
TRANSMISSION OF SHARES IN A PUBLIC COMPANY
Replies (1)
Opening of D mat account is not mandatory if shares are held in physical form. u can apply to company's share transfer agents to transmit physical held shares
however if shares are in D mat account then it becomes necessary to open d mat account instead of converting d mat shares into physical form and then transmitting it
however if shares are in D mat account then it becomes necessary to open d mat account instead of converting d mat shares into physical form and then transmitting it
Recent Topics :
- Clarify on GST Application
- Residential status for overseas students visitin
- Capital Gains Tax
- LTCG 112A and business loss
- FAST-DS 2026 applicability: foreign employee share
- NRI Property Sale in India: TDS Rates and Key Comp
- Clarification on September 2026 PF Calculation for
- DRC-03 interest paid under CGST/SGST instead of IG
- GSTR1 amendment Bulk bills
- Capital Gain on Sale of Gold
Related Topics :
CAclubindia
