What is transmission of shares?

What is transmission of shares?

By In Account Opening, Physical Shares On September 24, 2020

Transmission is nothing but devolution of shares in the case of death, inheritance, succession, etc.

Transmission of shares can be applied by Nominee / Successor / Guardian of the successor or nominee (In case of Minor). Upon successful submission of documents for transmission, the person entitled to the transmission of shares will become the shareholder.

Learn the process of transmission of shares of the deceased here.


Comments are closed here.