sharesamadhan

Transmission of shares is a crucial process in the world of finance, especially for individuals dealing with the inheritance of shares after the demise of a shareholder. Understanding this process is vital to ensure the smooth transition of ownership and the continued value of the investment. In this blog, we will delve into the intricacies of share transmission, its importance, and how you can navigate through this process effectively. What is Transmission of Shares? Share transmission refers to the transfer of shares from a deceased shareholder to their legal heirs or nominees. Unlike share transfer, which is a voluntary act of selling or gifting shares, share transmission is an involuntary transfer due to the death of the original shareholder. The process ensures that the shares are legally and rightfully passed on to the entitled parties. Why is Share Transmission Important? 1. Legal Compliance: Ensures that the shares are transferred in accordance with the law, preventing any leg...