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Partly Paid Up Shares

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 January 2011 Dear all,

One Mr.X had applied for 100 shares of a Company which is partly paid up on 1-5-2010. But Mr.X passed away due to illness. Can i know what should be done to transfer those shares and what should be mentioned on the share certificates.

Thank you.
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CA Shailesh Kumar Bhagat

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CA Shailesh Kumar Bhagat (Expert)
27 January 2011 It will go to nominee of demat account.

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