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What is Transmission of Shares? | when does transmission of share take place ?

What does Transmission of shares mean? in Physical Shares While the transfer of shares relates to a voluntary act of the shareholder, transmission is brought about by operation of law. The word ‘transmission’ means devolution of title to shares otherwise than by transfer, for example, devolution by death, succession, inheritance, bankruptcy, marriage, etc. While the …

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Duplicate Share Certificate: issue of duplicate share certificate

Introduction Most of the private limited companies are closely held with the limited number of members, or sometimes having only family members as shareholders of the company and therefore the company prefers to issue share certificates in physical form. A share certificate is a legal document that certifies the legal ownership of a specific number …

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