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Frequently Asked Questions on Nomination of Shares Nomination of Shares Section 109A 1. What are nomination and its advantages? Nomination refers to the act of nominating a person in whom the shares
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What is nomination of shares it?
Nomination of shares is the process of appointing a nominee or beneficiary to whom the shares will be transferred in case of the shareholder's death.
Who is required to file nomination of shares it?
Individual shareholders are required to file nomination of shares.
How to fill out nomination of shares it?
The nomination of shares form can be obtained from the stock exchange or company registrar. It should be filled with nominee details, shareholding details, and signed by the shareholder.
What is the purpose of nomination of shares it?
The purpose of nomination of shares is to facilitate the smooth transfer of shares to the nominee in the event of the shareholder's demise.
What information must be reported on nomination of shares it?
The nomination of shares form typically requires the details of the nominee, relationship with the shareholder, and the percentage of shares to be transferred.
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