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V.S. Datey on Companies Act, 2013
  • Transmission

    by ARUN VAZ on Monday, August 05, 2019 at 09:06 PM

    ABC Pvt Ltd had 10 shareholders/Members. In 2012 one member died. Till date no heir of the deceased member has applied for membership / transmission. What is to be done with such shares which the deceased member was holding?

    Replied byV.S. Datey Tuesday, August 06, 2019 at 08:37 AM

    after seven years these have to be surrendered to IEPF - why doubt? V S Datey

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