Transmissom of shares

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A director of a private company died , What is the procedure t transfer his shares to legal heir as per Company Act, 2013
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Please find below my views with respect to your query

It is called as Transmission of shares.

you have write a letter to Company Secretary  & Copy to RTA of the company for Transmission

and please note that, following documents to be submitted along with letter.

  • Copy of the death certificate 
  • Succession Certificate.
  • Original share certificate.
  • No objection Certificate.

 

By 

Shanmugam

Thanks a lot !!


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