Transmission of Shares After Death — Legal Heir Claims & Succession
When a shareholder passes away without a nominee, the process of transferring shares to legal heirs becomes complex. Our legal team handles succession certificates, court proceedings, and RTA submissions to ensure rightful inheritance.
How to Claim Deceased Parents' Shares Through Legal Heir Transmission
Transmission of shares after death is the legal process by which shares held by a deceased person are transferred to their legal heirs or successors. Unlike a regular share transfer, transmission does not involve a sale — it is a legal inheritance process governed by the Indian Succession Act, Hindu Succession Act, or relevant personal laws.
If a nominee is registered, the process is relatively straightforward. The nominee submits a transmission request form, death certificate, and identity proof to the RTA. However, when no nominee exists, legal heirs must obtain a succession certificate from a civil court or produce a probated will.
Global Equity Solutions manages the entire transmission pipeline — from identifying unclaimed shares across depository participants, preparing legal documentation (succession certificates, legal heir certificates, NOCs from co-heirs), coordinating with RTAs, and ensuring shares are credited to the heir's Demat account.
Our Step-by-Step Process
Heritage Asset Discovery
We search RTA registers, depository records, and company databases to locate all shares held by the deceased shareholder across companies.
Legal Documentation
Preparation of succession certificates, legal heir certificates, death certificates, affidavits, NOCs from co-heirs, and indemnity bonds as required.
Court Petition Support
When required, our legal panel files court petitions for succession certificates or probate of will in the appropriate civil court jurisdiction.
RTA Transmission Filing
We submit the complete transmission request package to each company's Registrar & Transfer Agent with all verified legal documents.
Demat Credit & Completion
Once approved, the transmitted shares are credited to the legal heir's Demat account. Physical certificates are converted to digital form simultaneously.
The Global Equity Solutions Advantage
Full Succession Support
From court petitions to RTA filings — we handle the entire legal pipeline for share transmission after death.
Multi-Company Discovery
We trace all shares held by the deceased across multiple companies, depositories, and RTAs in a single engagement.
No Nominee? No Problem.
We specialize in cases where no nominee was registered — obtaining succession certificates, probated wills, and legal heir declarations.
Pan-India Court Representation
Our legal panel can file succession petitions in any civil court across India through associated advocates.
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Common Questions Answered
Key documents include: death certificate of the shareholder, succession certificate or probated will, legal heir certificate, identity proof of claimant, original share certificates (if physical), indemnity bond, and NOC from other legal heirs.
Don't Let Your Assets Remain Unclaimed
Every day you wait, your unclaimed shares and dividends sit idle. Our legal team has recovered over ₹250 Cr+ in assets for Indian families.