Transfer of Shares to Nominees

Mrinalini.VK (Querist) 06 September 2017 This query is : Resolved
Kindly advise What action can be taken against Secretary of CHS who refuses to: a)Issue DUPLICATE SHARE CERTIFICATE after nominees have reported LOSS of the ORIGINAL CERTIFICATE following death of Original owner.
b)Can nominees request for following same PROCEDURE(ie PRECEDENT)set by the said CHS of issuing duplicate share certs.-[NO FIR filed/NO Advts issued].Only Documentation in books n Duplicates issued.
c)TIMELINE to be given to Secretary for issue of Duplicate Share Certificate to Nominees irrespective whatever procedure to be followed-As per Byelaw/Precedent set by the CHS.

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Kishor Mehta (Expert) 06 September 2017
Madam,
The procedure set out in the book of Bye-laws of CHS of your State has to be followed, any precedent to the contrary is not valid and can not be adhered to.
Good luck,
Kishor Mehta

Rajendra K Goyal (Expert) 06 September 2017
Agree with the expert Kishore Mehta.

V R SHROFF (Expert) 06 September 2017
FOLLOW THE BYE-LAWS :
First ask for Transfer to Nominees ; filing transfer Documents ; if you are a nominee.
Thereafter take up matter to issue Duplicate Share Certificate