Our team of fifteen in-house lawyers possesses comprehensive knowledge of the mandatory legal requirements that apply to share transmission — from choosing between a legal heir certificate and a succession certificate to handling contested cases. We make the right call for your specific situation.
Your Loved One's Shares Belong to the Legal Heirs.
When a shareholder passes away, their shares and dividends do not disappear — they must be legally transmitted to the rightful heirs. The process is document-intensive, involves multiple authorities, and takes months. We manage it completely.
100% Transparent
Expert Legal Assistance
PAN India Support
No Recovery, No Full Fee
15 In-House Lawyers
Fast Process
Transfer Of Shares
We Handle Every Variation of a Death Case
Shares in Multiple Companies
When a deceased shareholder held equity or preference shares in multiple companies, a separate application with supporting documents must be filed with each company’s RTA. We handle all filings in parallel — probing each company, tracking processing status, and expediting wherever possible — so you don’t need to manage each case individually.
Joint Shareholder Claims
When shares were held in a joint account, surviving joint holders can claim sole ownership by right of survivorship. The surviving holder must hold a demat account with NSDL or CDSL to receive the transmitted shares. If any of those shares had already moved to IEPF, we file the additional documents required with the IEPF Authority to recover them — handling both the transmission and the IEPF recovery as a single engagement.
Who Can Apply for Transmission of Shares?
Legal Heir
Spouse, child, parent, or sibling of the deceased who holds a valid legal heir certificate issued by the local SDM / Tehsildar.
Registered Nominee
A person officially nominated by the shareholder in company records or the demat account at the time of account opening.
Court-Designated Heir
A person holding a succession certificate issued by a court of law, or a will probate granted by a competent court under Indian law.
Surviving Joint Holder
If shares were held jointly, the surviving account holder(s) are entitled to full ownership by right of survivorship, upon submission of the death certificate.
Documents Required for Transmission of Shares
Most rejections happen because of missing, mismatched, or incorrectly prepared documents. We review and prepare your complete document set before any submission
Death Certificate of the original shareholder — certified copy from the municipal authority or registrar of births and deaths
Legal Heir Certificate — issued by the local SDM or Tehsil office, confirming the claimant as a rightful legal heir
PAN Card & Aadhaar — self-attested copies of the claiming legal heir
Cancelled Cheque — from the legal heir’s own bank account, for dividend credit and account verification
Original Share Certificates — if the deceased held physical / paper share certificates
Demat Account Details — of the legal heir, where the transmitted shares will be credited
Succession Certificate — court-issued, required for high-value holdings or when there is no legal heir certificate
Will Probate — a court declaration confirming the validity of the deceased’s will, where a will exists
Letter of Administration — court order authorising someone to manage and distribute the deceased’s assets
Indemnity Bond — on non-judicial stamp paper, required when no succession certificate is available for certain value thresholds
How Transmission of Shares Works — Step by Step
The process involves both the company (or its RTA) and government authorities. Our team manages every step while you stay informed.
Step 1:
Free Case Assessment
We review the available information — company names, folio numbers, nature of holding (physical or demat), and documents in hand. We identify which certificates are needed, which are missing, and outline the exact process required for your case.
Step 2:
Document Preparation & Verification
We guide you through gathering every required document — death certificate, legal heir certificate or succession certificate, PAN, Aadhaar, share certificates — and review each one for correctness before proceeding. Name mismatches and KYC gaps are corrected at this stage.
Step 3:
Application to Company / RTA
We file the transmission request on your behalf with each company where the deceased held shares (or the respective RTA — such as KFin Technologies, Link Intime, or Beetal). All documents are submitted in the format required by the company’s articles and applicable regulations.
Step 4:
KYC & Government Office Certifications
We coordinate the KYC approval for the claimant’s application and handle any outstanding certifications required from government offices — SDM, Tehsil, or court — to avoid avoidable delays at this stage.
Step 5:
RTA Verification & Share Register Update
The RTA verifies the submitted documents, updates the share register to reflect the legal heir as the new registered holder, and generates a new share certificate (for physical holdings) or initiates the demat credit process.
Step 6:
Demat Credit & Dividend Settlement
Transmitted shares are credited to the legal heir’s demat account. Any accumulated unpaid dividends are credited to the heir’s registered bank account. We confirm receipt and provide a case closure summary to you.
We Handle the Complexity. You Get the Inheritance.
Share transmission is a legal process with specific compliance requirements, strict document standards, and real-time follow-ups across multiple authorities. We do all of it.
01
Expert Legal Guidance
02
Hassle-Free End-to-End Process
We manage all documentation, communicate directly with companies and their RTAs, handle government office certifications, and coordinate KYC approvals. From first consultation to final credit in your demat account — we handle every step so you don’t have to.
03
Faster Turnaround Time
Our established relationships with major RTAs (KFin, Link Intime, Beetal) and active case monitoring mean fewer delays. We know exactly what causes rejections and prevent them before they happen — avoiding the weeks of lost time a resubmission costs.
04
Personalised Assistance
Every death case is different — different holding structure, different family situation, different documents available. We provide tailored guidance and custom solutions matched to your specific scenario, with a dedicated point of contact throughout the process.
05
Comprehensive Scope
We cover the complete spectrum of a death case — transmission, physical-to-demat conversion, dividend recovery, name correction, and IEPF recovery if required. You don’t need to manage multiple service providers for one case.
06
Legal Representation if Disputed
In the event of complications, rejections, or disputes among heirs, we provide full legal representation and re-filing support. Our lawyers protect your rights and see the transmission through to a successful outcome, regardless of complexity.
Everything We Handle for Death Cases
Transmission of Shares
Transfer title from deceased shareholder to legal heir or nominee
Legal Documentation Support
Legal heir certificate, succession certificate, will probate assistance
RTA Filing & Follow-up
Direct coordination with the company and its Registrar Transfer Agent
Dividend Arrears Recovery
Claim accumulated unpaid dividends owed to the deceased’s estate
Physical to Demat Conversion
Convert inherited paper share certificates to demat form
IEPF Recovery After Death
Recover shares already moved to IEPF on the deceased’s account
Your Loved One's Shares Deserve to Be in the Right Hands.
-
Start with a free consultation. Share what you know — we’ll take it from there and guide you through every step of the transmission process.
Common Questions About Share Transmission After Death
Transfer of shares is a voluntary act between two living parties and requires a stamped share transfer deed (Form SH-4). Transmission of shares is involuntary — it occurs by operation of law when a shareholder passes away — and no transfer deed or stamp duty is required. Transmission is governed by inheritance law rather than a commercial agreement.
Yes, in many cases. For smaller holdings, companies accept a legal heir certificate issued by the local SDM or Tehsildar, supported by an indemnity bond, without requiring a court-issued succession certificate. For higher-value holdings or where there is no nominee on record, a succession certificate or will probate is typically required. We assess each case individually and advise the quickest compliant route.
Typically 3–6 months from filing, depending on document availability, the number of companies involved, and the responsiveness of the RTA. Cases where a court-issued succession certificate is required take longer on account of the court process. We actively follow up with the company and RTA at every stage to prevent unnecessary delays.
If legal heirs are in dispute, companies and RTAs will not proceed with transmission until the dispute is resolved. In such cases, a succession certificate or court order is typically required to establish legal authority. Our team of in-house lawyers can advise on resolution options and represent you in legal proceedings where necessary.
If the dividends on the deceased’s shares remained unclaimed for 7+ consecutive years, both the dividends and the shares would have been transferred to IEPF. In this scenario, the legal heir must first complete the transmission with the company to get the shares registered in their name, then file Form IEPF-5 with the IEPF Authority to reclaim the shares. We handle both stages as part of a single engagement.
Yes. SEBI mandates that all share transfers and transmissions result in shares being held in demat form. If you do not have a demat account, we guide you through the process of opening one with a depository participant (DP) before the transmission is completed, so there is no delay at the final credit stage.
Yes. Any dividends declared but unpaid during the shareholder’s lifetime can be claimed by the legal heir along with the transmission of shares. If those dividends have already been transferred to IEPF (after remaining unclaimed for 7+ years), they can be reclaimed via the IEPF process. We include dividend recovery as part of our transmission service.
This is one of the most common situations we handle. Physical share certificates are still valid even decades after issue. The process involves: (1) confirming whether the shares are still in company records or have moved to IEPF, (2) completing the transmission in your name as legal heir, (3) converting the physical certificates to demat form. If the shares have moved to IEPF, we file the full recovery claim. We handle all three stages together.
Testimonials Videos
Shares Recovery Expertise
WhatsApp us