18 August 2012
Dear All, I have an old share certificate on transferors name and duly signed transfer deed by him too.He was paid the consideration by my father and he received the share certificate and signed TD but when my father lodged it with the registrar the TD got outdated and transfer never happened.Then my father never got it transferred till date.Let me tell youll its and old issue of 1996. Today when i spoke to the Registrar of this particular company about this issue,he told me that till 2004 the old (original) share certificate which i am carrying was on transferors name but due to stock split in 2004 new share certificate of FV 1 was issued against this old one of FV 10 which i am having and this one got cancelled. So the Registrar cannot do anything from their part was been told to me. So what can be done and can there be any legal procedure through which we can claim the aforesaid shares. Please advise.
20 August 2012
new split shares are sent to the original holder, ask him to handover the same with a new transfer deed, in case of denial , u have to seek legal help
CAclubindia
