Transfer and transmission of shares are two distinct processes in the realm of corporate ownership, each occurring under different circumstances and serving unique purposes. Transmission of Shares Transmission refers to the
Background: Mr. and Mrs. Sharma, a married couple, were the original shareholders of shares in Reliance Industries Ltd. Unfortunately, both passed away, leaving behind four legal heirs – two sons and
The main difference between the “Letter of Entitlement” and the “Letter of Confirmation” is that the Letter of Confirmation can be dematerialised. The Letter of Confirmation is like an actual
The transmission of shares involves the transfer of shares from the deceased shareholder to the legal heir or successor. The Securities and Exchange Board of India (SEBI) has established standardized procedures to
Reliance Industries is one of India’s largest and most successful conglomerates, offering its shareholders consistent returns through dividends. However, due to various reasons, dividends may go unclaimed by shareholders. If
