Respected Sir,
My father passed away 6 months back, amongst all his investment he had nominee registered, but only his demat account didn't had nominee.
Now I am told that to transfer demat shares from my father's account to my account , I need succession certificate since value of holding is > 5 lakh.
From my initial readings I am little confused, as someone says succession certificate from Mamatdar office will suffice, where others say I need to go district court.
Secondly if it has to be done in court, do all legal heirs need to be present in court physically? What if one of legal heir is not residing in country currently.
Thanks in advance.