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Om (Self)     23 December 2017

Shares transmission with will

If the will is made in delhi ,is it mandatory to register the will and get it probated in order to transmit the shares in favor of beneficiary


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 4 Replies

Vijay Raj Mahajan (Advocate)     23 December 2017

Registration of Will is not mandatory anywhere in India. Probation of Will is mandatory for execution of Will and distribution of property/share/cash etc. amongst the beneficiaries.

Kumar Doab (FIN)     23 December 2017

It is not mandatory to probate the WILL at Delhi...

The regulator has framed rules for such matters ad there are judgments for such matters.... 

Kumar Doab (FIN)     23 December 2017

What is the response of establishment?

Was there valid nomination also?

Kumar Doab (FIN)     26 December 2017

Dear LCI Querist @ OM,

As per your request I have sent the links desired by you, to you.


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