Transfer Of Shares In Case Of Death Of The Holder All Details
Transfer of Shares in case of Death of the Holder Transmission of Shares: The word transmission refers to the transfer of the shares where the shares have to be compulsorily transferred to such person as may be required. Section 56(2) says that “Nothing in sub section (1) shall prejudice the the power of the company to register, on receipt of an intimation of transmission of any right to securities by operation of law from any person to whom such rights has been transmitted....