When share is held Jointly
In case of joint holdings, in the event of death of one shareholder, how do the surviving shareholders get the shares in their names?
A: In case of death of any joint shareholder, an application has to be made to the Company along with a certified copy of the Death Certificate. The Company shall on receipt of the death certificate along with a request letter and all share certificates, shall delete the name of the deceased shareholder and return the share certificate(s) duly endorsed in favour of the remaining shareholder(s).
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29th December 2009
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