When it comes to the transmission of shares, understanding the correct procedure is crucial to ensure a smooth transfer of ownership. Whether due to inheritance, the demise of a shareholder, or a legal requirement, the shares transmission procedure involves specific documentation and compliance. At Share Claimers, we simplify the entire process for you, from paperwork to the demat of physical share certificates.
What is Transmission of Shares?Transmission of shares refers to the transfer of ownership of shares due to events like the death of the original shareholder, insolvency, or succession, without involving any sale or purchase. Unlike regular share transfers, this is not a commercial transaction but a legal process.
Shares Transmission Procedure – A Step-by-Step GuideCollection of Documents:
Legal documents such as death certificates, succession certificates, or probate of wills are required for validating the claim.
Submission to the Registrar:
The legal heirs or nominees must submit these documents to the company’s registrar or transfer agent (RTA).
Verification & Approval:
Once verified, the shares are transferred to the rightful claimant.
Demat of Physical Share Certificates:
For faster transactions, converting physical share certificates into electronic form is highly recommended. Share Claimers ensures seamless demat of physical share certificate, helping you eliminate risks of loss or damage.
Expert assistance in documentation and legal formalities.
Hassle-free share transmission and demat services.
Quick and transparent process with professional guidance.
Don’t let complex legal procedures delay your claims. Let the experts at Share Claimers handle the transmission of shares and demat of physical share certificates for you.