TRANSFER OF SHARE CERTIFICATE IN THE NAME OF NOMINEE ON DEATH

645 votes

Hello Sir/mam The legal heir needs to provide relevant legal documents such as a death certificate, a succession certificate, or a will to society. The society will then transfer the share certificate to the legal heir. You can Contact me over phone call for further assistance or advice. Thank You Regards Advocate Kuber Hooda

Advocate Kuber Hooda LawRato

959 votes

To transfer the share certificate in the nominee's name upon the death of the original shareholder in a Cooperative Group Housing Society in Gurugram: 1. Inform Society: Notify the society about the shareholder's death with a written application and attach a copy of the death certificate. 2. Submit Documents: Provide the death certificate, nomination form (if available), original share certificate, nominee's ID proof, and any required succession documents if no nomination exists. 3. Clear Dues: Settle any outstanding dues of the deceased member. 4. Society's Approval: The managing committee verifies the documents and approves the transfer. 5. New Certificate Issuance: The society cancels the old share certificate and issues a new one in the nominee's name. Let me know if you need further assistance! Adv. Mahinder Singh Mavi

Advocate Mahinder Singh LawRato