Gift deed

Raj (Querist) 28 January 2013 This query is : Resolved
I wish to gift some shares in physical form to my sisters, which I have inherited from my mother (out of three sisters one has passed away and has two sons). I am given to understand that it should not be necessary to prepare a gift deed for the same. Is it so irrespective of the value of shares to be gifted.

Follow Query

Report Abuse

Raj Kumar Makkad (Expert) 28 January 2013
No. there is no need to frame gift deed rather transfer by way of signing transfer form so that those share may be got transferred in favour of your sister by the concerned company.

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

Ask Query
Unanswered Queries

Bangalore-us-rts(?)-digikey-fedex-moneystuck!
Consumer / contract dispute
Harrasement and metal agony from husband
Applicability of po act
Nps to old pension scheme
Suit filed by heirs claiming ancestral property
Hindu succession query
Application for final decree after preliminary decree
Application for final decree after preliminary decree
Application for final decree after preliminary decree

Regular matters
Request for second opinion in bar council proceedings
Reinforcing rule-based adjudication in proceedings
Awaiting the shrewd advocate's answer.
Pl. check for legal accuracy
Legal notice used for harrasment
Is advocate guilty?
Advocate�s duty to justice apply to the pre-litigation ?
Legal opinion on baseless legal notice and law
Dismissals due to defective legal notices