It there was a will, you’ll have to obtain Probate from the court on the basis of the will. The persons who are named in the will as beneficiaries may get the benefit.
If it is without will, you’ll have to obtain succession certificate in favour of all the lawful heirs who are entitled to succession to the property of the deceased.
If the shares held by the deceased had nominee registered, then the shares may be transferred to the name of the nominee in the meanwhile.
Dr. Ashok Dhamija is a New Delhi based Supreme Court Advocate and author of law books. Read more about him by clicking here. List of his Forum Replies. List of his other articles. List of his Quora Answers. List of his YouTube Videos.
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