When shares pass to heirs or nominees on a shareholder’s death or by operation of law, we handle the transmission — documentation, board process and register updates.
Transmission of shares is the passing of shares to legal heirs, nominees or beneficiaries by operation of law — typically on the death of a shareholder, or in cases of inheritance or insolvency. Unlike a transfer, it doesn’t require an instrument of transfer, but it does need proper documentation (succession/legal-heir proof) and board processing.
GovYapar guides the heirs/nominees through the required documents, processes the transmission at the board level, and updates the register of members — so ownership is correctly and cleanly recorded.
A real Chartered Accountant handles the filing end-to-end.
We confirm the documents needed for your case.
Succession/nominee proof gathered.
Board approves the transmission.
Register & certificates/demat updated.
A transfer is a voluntary sale/gift needing an instrument of transfer; transmission happens by operation of law (e.g. death) and needs succession/nominee proof instead.
Typically the death certificate and legal-heir/succession or probate documents, or nominee details if a nomination exists. We confirm for your case.
A nominee receives the shares to hold, subject to succession law. We guide the correct process based on your situation.
Transmission by operation of law generally doesn’t attract transfer stamp duty like a sale does. We advise on your specifics.
Pass shares to heirs/nominees correctly — CA/CS-assisted.
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