Beti Bachao Beti Padhao

In case of joint holdings, in the event of death of one shareholder, how do the surviving shareholders get the shares in their names?

A : In case of death of any joint shareholder, an application has to be made to the Company along with a certified copy of the Death Certificate. The Company shall on receipt of the death certificate along with a request letter and all share certificates, shall delete the name of the deceased shareholder and return the share certificate(s) duly endorsed in favour of the remaining shareholder(s).