This document provides a format for an affidavit for transmitting shares without a probate or succession certificate. The affidavit includes:
1) Details of the deceased shareholder and shares held.
2) Information on the legal heirs of the deceased, including their names, ages, and relationship to the deceased.
3) A statement that the shares were self-acquired by the deceased and the legal heirs are entitled to inherit them according to the law of intestate succession.
4) A request to the company to transmit the shares to the applicant's name.
This document provides a format for an affidavit for transmitting shares without a probate or succession certificate. The affidavit includes:
1) Details of the deceased shareholder and shares held.
2) Information on the legal heirs of the deceased, including their names, ages, and relationship to the deceased.
3) A statement that the shares were self-acquired by the deceased and the legal heirs are entitled to inherit them according to the law of intestate succession.
4) A request to the company to transmit the shares to the applicant's name.
This document provides a format for an affidavit for transmitting shares without a probate or succession certificate. The affidavit includes:
1) Details of the deceased shareholder and shares held.
2) Information on the legal heirs of the deceased, including their names, ages, and relationship to the deceased.
3) A statement that the shares were self-acquired by the deceased and the legal heirs are entitled to inherit them according to the law of intestate succession.
4) A request to the company to transmit the shares to the applicant's name.
This document provides a format for an affidavit for transmitting shares without a probate or succession certificate. The affidavit includes:
1) Details of the deceased shareholder and shares held.
2) Information on the legal heirs of the deceased, including their names, ages, and relationship to the deceased.
3) A statement that the shares were self-acquired by the deceased and the legal heirs are entitled to inherit them according to the law of intestate succession.
4) A request to the company to transmit the shares to the applicant's name.
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FORMAT OF AFFIDAVIT FOR TRANSMISSION OF SHARES WITHOUT PRODUCING PROBATE /
SUCCESSION CERTIFICATE / LETTERS OF ADMINISTRATION
(Please type this Affidavit after carefully reading the notes mentioned below the format)
AFFIDAVIT
I, __________, son/daughter/spouse of _________ aged ___, an Indian Inhabitant / NRI presently residing at __________________, do hereby solemnly affirm and declare as under:
1.That Shri/Smt. (Name of the deceased), the deceased, was holding _____ equity shares in (the name of the company) covered under Folio No. _______ and Share Certificate No(s). ___________, bearing Distinctive Nos. ________ to __________ of the face value of Rs.__/- each.
Folio No. Certificate Nos. Distinctive Nos. Shares covered in each certificate
2.Shri./Smt. (name of the deceased) expired intestate on (date of death) at (place of death) leaving behind him/her the following legal heirs :
Sr. No. Name of the heir Age Relation with the deceased
1. 2. 3.
3.The abovementioned shares were separate and self acquired property of the deceased. According to the law of Intestate Succession applicable to him/her by which he/she was governed at the time of his/her death, the person(s) mentioned hereinabove is/are the only heir(s) of the deceased. They are entitled to inherit solely/jointly the aforesaid shares covered under Folio No. ______ held by the deceased.
4.That the Late Shri/Smt. (name of the deceased) has left no other heir than these in paragraph 2 above and the person(s) mentioned therein is/are only his/her legal heir(s).
5.I have already executed indemnity bond for transmitting the aforesaid shares held by the deceased in my name without production of Succession Certificate / Probate of Will / Letter of Administration ( LoA ) OR I have already, alongwith name of other applicant(s), executed indemnity bond for transmitting the aforesaid shares held by the deceased in our name without production of Succession Certificate / Probate of Will / Letter of Administration ( LoA ).
6.I therefore request the (Name of the Company) to transmit the above shares in my / our name.
I am executing this declaration to be submitted to the concerned authorities of the Company.
LIIPL/Transmission/Affidavit/Version No. 1.0 18/11/2013 Page 1 of 2
VERIFICATION I hereby state that whatever is stated herein above are true to the best of my knowledge.
Solemnly affirmed at ________ )
On this ____ day of ______ 20... ) (Signature of the Applicant/s)
Deponent
Identified by me Before Me
Advocate S.E.O./ Oaths Commissioner/Notary
NOTES: 1.Affidavit should be on Non-judicial stamp paper of Rs. 100/-, or duly Franked and duly attested and affirmed by Notary 2.Please fill up the details as per the documents you are annexing. Please do not just type this format as it is. 3.It should be executed by the Applicant(s) 4.Maximum of only three legal heirs can apply for transmission.
LIIPL/Transmission/Affidavit/Version No. 1.0 18/11/2013 Page 2 of 2
