Lost Shares? What is Transmission of Shares? Process, Documents, and Legal Aspects

  Many investors are unaware that they might have lost shares in their name. These unclaimed investments often arise due to missing records, misplaced documents, or the death of a shareholder. If you or your family members have shares that need to be transferred after the original shareholder's passing, you need to understand the Transmission of Shares process. This blog will help you understand how to trace unclaimed investments, the procedure for transmission of shares, and the importance of Dematerialisation of Shares. What is Transmission of Shares? Transmissionof shares  is the process of transferring the ownership of shares from a deceased shareholder to their legal heirs or nominees. Unlike the transfer of shares, which involves a sale or gifting of shares, transmission occurs due to the shareholder's demise or other legal situations like bankruptcy. When a shareholder passes away, their shares do not automatically get transferred to their family members. The heir...