The joint holder was included for convenience by the first holder and legal heir too. How do I transfer the shares in my name as per will/probate?
As per law, the joint holder is deemed to be having indivisible ownership of the joint property and the Company cannot ascertain as to how or why the name was included. As per the Articles of Association of the Company, the surviving joint holders are the only persons recognized as having title to the shares.
Related Questions
- If a shareholder who held shares in his sole name dies without leaving a will, how can his legal heir/s (either husband/wife/son/daughter, etc.) get the shares transmitted in their names?
- How can legal heir/s get the shares transmitted in their names, in case of deceased shareholder dies after leaving a will?
- How can legal heir/s get the shares transmitted in their names, in case of sole shareholders dies without leaving a will?
