Transmission of Shares: Complete Guide for Nominee/Legal Heir (2025)

Required Documents

• Death certificate, PAN/Aadhaar
• NOC/Consent letters
• Succession certificate/Probate (when applicable)
• Client master/Bank details

Process

1. Apply to company/RTA
2. Document verification
3. Name transmission and IEPF-linked steps if any

Path Selection: Nominee vs Legal‑Heir

• Nominee: Usually faster if KYC and death proof align
• Legal‑Heir (with/without Will): With Will → probate may be required; without Will → succession certificate/legal heirship

Common Rejections and Prevention

• Incorrect NOC/Consent formats — use correct templates and attach IDs
• Notarization/stamping issues — ensure proper stamping and attestation for affidavits/indemnities
• Multiple folios/addresses — consolidate folios and update KYC before filing

Indicative Timelines (2025)

• Documentation prep: 3–7 working days
• Company/RTA verification: 15–30 working days
• Probate/Succession (if needed): court dependent

Escalation Path (incl. Probate/NCLT)

1. RTA/Company helpdesk with complete dossier
2. Company Compliance/Investor Relations with references
3. For high‑value/disputed matters, consider legal route (Probate/NCLT consultation)

Mini Case Study

Holdings split across two RTAs, partial name mismatch and NOC disagreement among heirs. We executed consolidation and name correction first, then staged transmission, completing IEPF‑linked filings smoothly.

FAQs

Related Guides

• High‑Value IEPF/Transmission (EN)
• IEPF Claim (EN)
• Name/Signature Corrections