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Companies Law - Highlights / Catch Notes

Home Highlights October 2020 Year 2020 This

Direction to Respondent's Company to issue a share certificate - ...


Court Orders Share Certificate Issuance Without Probate for Will Executed Outside Madras Jurisdiction u/ss 57(a) & 213(2.

October 9, 2020

Case Laws     Companies Law     Tri

Direction to Respondent's Company to issue a share certificate - transfer of interest on the basis of will - since the will is executed outside the original territorial jurisdiction of the Madras High Court, therefore, Section 57(a) of the Indian Succession Act read with Section 213(2) of the Indian Succession Act, it is not required to grant a probate, hence even if the Probate is not granted, a person can transfer any interest on the basis of Will. - Tri

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