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ramu   15 March 2021

Transfer of shares of deceased persons

Need advice on following:

Parents have passed away intestate.
There are many shares in their name in many companies and also unclaimed dividends for many years.

For certain reasons, one of the heirs is not willing to participate in the procedure for realizing them by Succession Certificate and thereafter by pursuing with respective companies.

What would be the solution for the other heirs to realize the value. It is not intended to deprive any heir of their rightful share.

Can only one heir apply for Succession Certificate including names of all heirs but without one or more heirs signing the application?

Thereafter, on what basis will the companies allow the shares to be encashed and dividends paid?

thank you.

 5 Replies

Sankaranarayanan (Advocate)     24 April 2021

Find a local lawyer and submitting all records and seeking advice

pamela   22 June 2021

Interesting topic. I like it.

Dalan Dalan   04 July 2021

Errors when creating a post
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sonam ranjan   03 August 2021

For a piece of legal advice consult the best lawyer, who can provide a legal solution for this matter. As law keeps changing depends to cater to the evolving business environment and regulatory policy. so consult the best lawyer in India.

Rahul Paul   12 August 2021

Wow what an interesting topic is is well I will first research on it then I will share my views

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