Transmission of Shares
Transmission of shares refers to the process of transferring ownership of shares from one person to another, usually after a shareholder’s death or incapacity. This process ensures that shares are passed on smoothly to the rightful heirs or nominees. It's important to handle this process correctly to avoid legal complications and ensure the continuity of ownership. Typically, the transmission requires submitting certain documents, such as a death certificate and proof of the heir’s identity, to the company holding the shares. By understanding and following the proper procedure, you can ensure that the shares are transferred efficiently and without unnecessary delays.

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