Get Lexim Associates Appendix-14

1:38 4:26 Suggested clip What documents are required to get share certificate? Property ...YouTubeStart of suggested clipEnd of suggested clip What documents are required to get share certificate? Property ...

File an FIR in the local police station stating that you have lost the original share certificate issued to you by the housing society. You also need to make an application to the housing society informing them about the misplaced or lost share certificate and further request for a duplicate one.

This share capital is divided into shares of Rs, 50/- each. ... In case of sale/transfer, after proper procedure, the share certificate is transferred in the name of the buyer from the seller and thereafter the seller has no right in the premises, as he ceases to be a member of the Society.

Prepare affidavit, and indemnity bond agreement on stamp paper of Rs. 100 and 300 respectively as directed by company/RTA. File FIR with police quoting the following details of lost certificate: Folio number. ... Publish a general notice in the government gazette.

A share certificate can be replaced if it is lost, stolen, or damaged. In order to replace the physical certificate, the shareholder will need to contact the company's stock transfer agent.

1:38 4:26 Suggested clip What documents are required to get share certificate? Property ...YouTubeStart of suggested clipEnd of suggested clip What documents are required to get share certificate? Property ...

The society has a valid reason to deny the share certificate. ... society can take time to issue share certificate, society should issue notice to the owners who have not paid maintenance money.

A share certificate is a certificate issued by a company certifying that on the date the certificate is issued a certain person is the registered owner of shares in the company. ... the number of shares held. the class of shares. the amount paid (or treated as paid) on those shares.

Share certificate serves as an important document for shareholders to prove ownership in a company. Share certificate must be issued by a company after incorporation to its shareholders on receipt of money for capital.

The shares of cooperative society are not issued to general public by advertisement and can be issued any time. Shares can be withdrawn member / society as prescribed by rules in their byelaws. Shares are issued to general public or by invitation. In a company shares cannot be withdrawn by a share holder.

However, by virtue of the nomination or the transfer of the flat/shares to the nominee, the nominee herself does not become the owner of the flat/shares or become entitled to sell/transfer the flat to any third party. The purpose of the nomination is to make certain the person with whom the society has to deal with.

Rights of nominees and legal heirs There is a general perception, that the nominee becomes the owner of the asset, once it is transferred in his name or is handed over to him. However, the rule is subject to a few exceptions, that the nominee becomes a trustee to hold the property on behalf of the legal heir.

However, by virtue of the nomination or the transfer of the flat/shares to the nominee, the nominee herself does not become the owner of the flat/shares or become entitled to sell/transfer the flat to any third party. The purpose of the nomination is to make certain the person with whom the society has to deal with.

According to law, a nominee is a trustee and not the owner of the assets. In other words, he is only a caretaker of your assets. The nominee will only hold your asset as a trustee and will be legally bound to transfer it to the legal heirs. ... A legal heir will be the one whose is mentioned in the will.

Nominee implies a person nominated by another to act as a custodian of the assets, in the event of death. Legal Heir refers to successor, whose name is mentioned in the will of deceased, as the final owner of assets. The hands authorized to receive the amount or asset. The hands entitled to own the amount or asset.