Easiest and cheapest legal document to get for transmission of Shares
03-Sep-2023 (In Wills / Trusts Law)
Both my parents have died and were joint holders in some company shares but the nomination was not done. I have their will where I am the beneficiary. My question is which is the easiest and cheapest legal document to get for transmission of Shares to my name ....is it probate, heirship cert or succession certificate?
If there is a Will, you better go for Probate and submit the probate order alongwith death certificate to the company or their share transfer agent to transfer the same in your name. If there are no other legal heirs then you may also request a company to transfer the shares in your name and submit copy of death certificate alongwith the request letter for transmission of shares in your name. In case if there are other legal heirs, then you can take NOC from all the other legal heirs and submit the same alongwith request letter and death certificate to the COmpany for transmission of shares in your name.
This is my response to you:
1. You will need to obtain heirship certificate for movables properties held by your parents;
2, You will need to obtain succession certificate for immovable properties;
3. Consult a local lawyer, explain your case properly and let him/her represent you in any legal dispute.
1. You will need to obtain heirship certificate for movables properties held by your parents;
2, You will need to obtain succession certificate for immovable properties;
3. Consult a local lawyer, explain your case properly and let him/her represent you in any legal dispute.
Hello,
It is a simple case, wherein a application depending in the value of property along with will needs to filed in court of your jurisdiction. Its a departmental work till any probate is filed in court. You need LOA in this. You contact me for help
It is a simple case, wherein a application depending in the value of property along with will needs to filed in court of your jurisdiction. Its a departmental work till any probate is filed in court. You need LOA in this. You contact me for help
Dear Querist,
If you can convince the Society office bearers that you are only legal heir and the beneficiary under a will, then only transmission application will be required, alongwith Indemnity Bond and undertaking. If it is not acceptable to the Society's committee the you have to go for Probate.
Regards,
Rakesh V. Misar
If you can convince the Society office bearers that you are only legal heir and the beneficiary under a will, then only transmission application will be required, alongwith Indemnity Bond and undertaking. If it is not acceptable to the Society's committee the you have to go for Probate.
Regards,
Rakesh V. Misar
Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.
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