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DEED OF INDEMNITY BY LEGAL HEIRS FOR TRANSMISSION OF SHARES (SINGLE HOLDING NO NOMINEE) 1. Before signing, kindly get the Indemnity franked with Rs.100/ (for shares of value unto Rs. 200000/only held
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How to fill out transmission of shares indemnity
How to fill out transmission of shares indemnity:
01
Begin by providing your personal details in the form, such as your name, address, and contact information.
02
Next, specify the details of the shares being transferred, including the company name, the number of shares, and the share certificate number, if applicable.
03
Indicate whether the transfer is occurring due to a sale, gift, inheritance, or any other reason.
04
Include the name and contact details of the person or entity to whom the shares are being transferred.
05
Provide any necessary supporting documents, such as a copy of the share certificate or a proof of purchase.
06
Indicate if there are any restrictions or conditions on the transfer, such as the need for approval from the company's board of directors or shareholders.
07
If you are signing the indemnity on behalf of a company or organization, include the company's official seal or stamp.
08
Sign and date the indemnity form, and ensure that any other required parties also sign and date the document.
09
Keep a copy of the completed indemnity form for your records.
Who needs transmission of shares indemnity:
01
Shareholders who are transferring their shares to others, whether it be another individual, a family member, or a business entity, may need a transmission of shares indemnity.
02
Companies or organizations that require shareholders to provide an indemnity for the transfer of shares may also need a transmission of shares indemnity.
03
Legal professionals or firms who handle share transfers on behalf of clients may utilize a transmission of shares indemnity to protect their client's interests and ensure a smooth transfer process.
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What is transmission of shares indemnity?
Transmission of shares indemnity is a legal document that transfers ownership of shares from one party to another in case of death or transfer of shares.
Who is required to file transmission of shares indemnity?
The legal heirs or beneficiaries of the deceased shareholder are required to file transmission of shares indemnity.
How to fill out transmission of shares indemnity?
Transmission of shares indemnity can be filled out by providing details of the deceased shareholder, details of legal heirs or beneficiaries, and the shares being transferred.
What is the purpose of transmission of shares indemnity?
The purpose of transmission of shares indemnity is to legally transfer ownership of shares from one party to another.
What information must be reported on transmission of shares indemnity?
Information such as details of deceased shareholder, details of legal heirs or beneficiaries, shares being transferred, and any supporting documents must be reported on transmission of shares indemnity.
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