Transmission of Shares
All companies. Transmission of shares occurs by operation of law on the death, insolvency, or lunacy of a shareholder. It is distinct from transfer and does not require a stamp duty on the instrument.
Your capital structure is the backbone every other corporate decision rests on. Section 56(1) is the line every share movement has to respect. What that means day to day: transmission (by operation of law — death, insolvency, liquidation) does NOT require a transfer instrument (Form SH-4). Fi CTC Generator turns this into a 3-minute task you'll never have to think twice about.
Documents required for transmission typically include: death certificate, succession certificate / probate / letters of administration or indemnity bond and affidavit, and the original share certificate.
Rule 11, Companies (Share Capital and Debentures) Rules, 2014
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