Schedule II
Documents to be submitted to the Authority to register transmission of securities
A. Documentary requirement for securities held in physical mode
1. Where the shares are held singly with nomination:
1.1. Duly signed transmission request form by the 2[claimant].
1.2. 3[Copy of death certificate of security holder attested by claimant.]
1.3. Self-attested copy of PAN card.
1.4. 4[The original share certificate is to be sent to the company and scanned copy to be attached with the form].
1.5. Any other government ID proof of the nominee.
2. Where the shares are held singly without nomination, the following documents in addition to the documents specified at paragraph 1 are required:
2.1 Affidavit from all the legal heirs made on appropriate non-judicial stamp paper- to the effect of identification and claim of legal ownership to the securities:
Provided that in case the legal heir(s) or claimant(s) is named in the succession certificate or probate of will or Letter of Administration, an Affidavit from such legal heir(s) or claimant(s) alone would be sufficient.
2.2 For value of securities up to 1[Rs. 5,00,000 (Rupees Five lakh only)] per issuer company as on date of application, one or more of the following documents:
5[(a) Succession certificate or probate of will or will or letter of administration or Decree, as may be applicable in terms of Indian Succession Act, 1925. (39 of 1925) or any other Decree or Order of any Court or Tribunal. ]
(b) In the absence of the documents as mentioned at (a) above,
(i). No objection certificate from all legal heir(s) executed by all the legal heirs of the deceased holder not objecting to such transmission (or) copy of Family Settlement Deed duly notarized
and
(ii). An Indemnity bond made on appropriate non-judicial stamp paper – indemnifying the STA or Issuer Company.
2.3 6[For value of securities more than 1[Rs. 5,00,000 (Rupees Five lakh only)] per issuer company as on date of application: Succession certificate or probate of will or will or letter of administration or Decree, as may be applicable in terms of Indian Succession Act, 1925. (39 of 1925) or any other Decree or Order of any Court or Tribunal.]
7[Explanation: (1) The Company may enhance the limit of Rs. 5,00,000 (Rupees Five lakh only) per issuer company in accordance with SCHEDULE VII of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, after taking approval of its Board of Directors and provide copy of Board resolution to Authority at the time of verification of claim.
(2) for the case where will is provided, following documents shall also be required:
(a) Legal heirship certificate issued by Competent Authority;
(b) No Objection Certificate from all legal heirs in favor of the claimant;
(c) Affidavit from witness about confirmation of will wherever alive or death certificate of such witness;
(d) Affidavit with regard to the will as last will and no matter is pending before any court with regard to such will;
(e) Surety affidavit by at least two sureties with their PAN Card.]
3. Where the shares are held jointly with nomination:
3.1 Duly signed transmission request form by the 8[claimant].
3.2 9[Copy of death certificate of security holder attested by claimant]
3.3 Self-attested copy of PAN card.
3.4 10[The Original share certificate is to be sent to the company and scanned copy to be attached with the form].
3.5 Any other government ID proof of the nominee.
4. Where the shares are held jointly without nomination, the following documents in addition to the documents specified at paragraph 3 are required:
4.1 Affidavit from all the legal heirs made on appropriate non-judicial stamp paper- to the effect of identification and claim of legal ownership to the securities.
Provided that in case the legal heir(s) or claimant(s) is named in the succession certificate or probate of will or Letter of Administration, an Affidavit from such legal heir(s) or claimant(s) alone would be sufficient.
4.2 11[Succession certificate or probate of will or will or letter of administration or Decree, as may be applicable in terms of Indian Succession Act, 1925. (39 of 1925) or any other Decree or Order of any Court or Tribunal].
(a) Succession certificate or probate of will or letter of administration or court decree, as may be applicable in terms of Indian Succession Act, 1925.(39 of 1925)
(b) In the absence of the documents as mentioned at (a) above,
(i). No objection certificate from all legal heir(s) executed by all the legal heirs of the deceased holder(s) not objecting to such transmission (or) copy of Family Settlement Deed duly notarized
and
(ii). An Indemnity bond made on appropriate non-judicial stamp paper – indemnifying the STA or Issuer Company.
4.3 12[For value of securities more than 5,00,000 (Rupees Five lakh only) per issuer company as on date of application: Succession certificate or probate of will or will or letter of administration or Decree, as may be applicable in terms of Indian Succession Act, 1925. (39 of 1925) or any other Decree or Order of any Court or Tribunal.]
7[Explanation: (1) The Company may enhance the limit of Rs. 5,00,000 (Rupees Five lakh only) per issuer company in accordance with SCHEDULE VII of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, after taking approval of its Board of Directors and provide copy of Board resolution to Authority at the time of verification of claim.
(2) for the case where will is provided, following documents shall also be required:
(a) Legal heirship certificate issued by Competent Authority;
(b) No Objection Certificate from all legal heirs in favor of the claimant;
(c) Affidavit from witness about confirmation of will wherever alive or death certificate of such witness;
(d) Affidavit with regard to the will as last will and no matter is pending before any court with regard to such will;
(e) Surety affidavit by at least two sureties with their PAN Card.]
B. Documentary requirement for securities held in DEMAT mode
1. Where the shares are held singly with nomination:
1.1. Duly signed transmission request form by the 13[claimant].
1.2. 14[Copy of death certificate of security holder attested by claimant.]
1.3. Self-attested copy of PAN card.
1.4. Copy of transaction statement duly certified by Depository Participant.
1.5. Any other government ID proof of the nominee.
2. Where the shares are held singly without nomination, the following documents in addition to the documents specified at paragraph 1 are required:
2.1 Affidavit from all the legal heirs made on appropriate non-judicial stamp paper- to the effect of identification and claim of legal ownership to the securities.
Provided that in case the legal heir(s) or claimant(s) is named in the succession certificate or probate of will or Letter of Administration, an Affidavit from such legal heir(s) or claimant(s) alone would be sufficient.
2.2 For value of securities upto 1[Rs. 5,00,000 (Rupees Five lakh only)] per issuer company as on date of application, one or more of the following documents:
15[(a) Succession certificate or probate of will or will or letter of administration or Decree, as may be applicable in terms of Indian Succession Act, 1925. (39 of 1925) or any other Decree or Order of any Court or Tribunal.]
(b) In the absence of the documents as mentioned at (a) above,
(i) No objection certificate from all legal heir(s) executed by all the legal heirs of the deceased holder not objecting to such transmission (or) copy of Family Settlement Deed duly notarized
and
(ii) An Indemnity bond made on appropriate non-judicial stamp paper – indemnifying the STA or Issuer Company.
2.3 16[For value of securities more than 5,00,000 (Rupees Five lakh only) per issuer company as on date of application: Succession certificate or probate of will or will or letter of administration or Decree, as may be applicable in terms of Indian Succession Act, 1925. (39 of 1925) or any other Decree or Order of any Court or Tribunal.]
7[Explanation: (1) The Company may enhance the limit of Rs. 5,00,000 (Rupees Five lakh only) per issuer company in accordance with SCHEDULE VII of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, after taking approval of its Board of Directors and provide copy of Board resolution to Authority at the time of verification of claim.
(2) for the case where will is provided, following documents shall also be required:
(a) Legal heirship certificate issued by Competent Authority;
(b) No Objection Certificate from all legal heirs in favor of the claimant;
(c) Affidavit from witness about confirmation of will wherever alive or death certificate of such witness;
(d) Affidavit with regard to the will as last will and no matter is pending before any court with regard to such will;
(e) Surety affidavit by at least two sureties with their PAN Card.]
3. Where the shares are held jointly with nomination:
3.1 Duly signed transmission request form by the 17[claimant].
3.2 18[Copy of death certificate of security holder attested by claimant.]
3.3 Self-attested copy of PAN card.
3.4 19[Copy of transaction statement duly attested by Claimant.]
3.5 Any other government ID proof of the nominee.
4. Where the shares are held jointly without nomination, the following documents in addition to the documents specified at paragraph 3 above are required:
4.1 Affidavit from all the legal heirs made on appropriate non-judicial stamp paper- to the effect of identification and claim of legal ownership to the securities:
Provided that in case the legal heir(s) or claimant(s) is named in the succession certificate or probate of will or Letter of Administration, an Affidavit from such legal heir(s) or claimant(s) alone would be sufficient.
4.2 For value of securities upto 1[Rs. 5,00,000 (Rupees Five lakh only)] per issuer company as on date of application, one or more of the following documents, namely:-
20[(a) Succession certificate or probate of will or will or letter of administration or Decree, as may be applicable in terms of Indian Succession Act, 1925. (39 of 1925) or any other Decree or Order of any Court or Tribunal.]
(b) In the absence of the documents as mentioned at (a) above,
(i) No objection certificate from all legal heir(s) executed by all the legal heirs of the deceased holder(s) not objecting to such transmission (or) copy of Family Settlement Deed duly notarized
and
(ii) An Indemnity bond made on appropriate non-judicial stamp paper – indemnifying the STA or Issuer Company.
21[4.3 For value of securities more than 5,00,000 (Rupees Five lakh only) per issuer company as on date of application: Succession certificate or probate of will or will or letter of administration or Decree, as may be applicable in terms of Indian Succession Act, 1925. (39 of 1925) or any other Decree or Order of any Court or Tribunal.]
7[Explanation: (1) The Company may enhance the limit of Rs. 5,00,000 (Rupees Five lakh only) per issuer company in accordance with SCHEDULE VII of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, after taking approval of its Board of Directors and provide copy of Board resolution to Authority at the time of verification of claim.
(2) for the case where will is provided, following documents shall also be required:
(a) Legal heirship certificate issued by Competent Authority;
(b) No Objection Certificate from all legal heirs in favor of the claimant;
(c) Affidavit from witness about confirmation of will wherever alive or death certificate of such witness;
(d) Affidavit with regard to the will as last will and no matter is pending before any court with regard to such will;
(e) Surety affidavit by at least two sureties with their PAN Card.]
Amendments
for the words, figures and bracket
Rs 2,00,000 (Rupees Two Lakh only)
the following shall be substituted namely;
Rs 5,00,000 (Rupees Five Lakh only),
in sub-item „1.1, for the word
nominee
the following shall be substituted namely;
claimant
in sub-item „1.2,
Original or copy of death certificate duly attested.
the following shall be substituted namely;
Copy of death certificate of security holder attested by claimant
in sub-item „1.4,
Original share certificate(s)
the following shall be substituted namely;
The original share certificate is to be sent to the company and scanned copy to be attached with the form
in item 2,in sub-item 2.2, for clause (a)
Succession certificate or probate of will or letter of administration or court decree, as may be applicable in terms of Indian Succession Act, 1925. (39 of 1925)
the following shall be substituted namely;
Succession certificate or probate of will or will or letter of administration or Decree, as may be applicable in terms of Indian Succession Act, 1925. (39 of 1925) or any other Decree or Order of any Court or Tribunal.
for sub-item, „2.3,
For value of securities more than 1[Rs. 5,00,000 (Rupees Five lakh only)] per issuer company as on date of application: Succession certificate or probate of will or letter of administration or court decree, as may be applicable in terms of Indian Succession Act, 1925. (39 of 1925)
the following shall be substituted namely;
For value of securities more than 1[Rs. 5,00,000 (Rupees Five lakh only)] per issuer company as on date of application: Succession certificate or probate of will or will or letter of administration or Decree, as may be applicable in terms of Indian Succession Act, 1925. (39 of 1925) or any other Decree or Order of any Court or Tribunal.
in sub-item „3.1, for the word
nominee
the following shall be substituted namely;
claimant
for sub-item, 3.2
Original or copy of death certificate(s) of all the joint holders duly attested
the following shall be substituted namely;
Copy of death certificate of security holder attested by claimant
for sub-item, 3.4
Original share certificate(s)
the following shall be substituted namely;
The Original share certificate is to be sent to the company and scanned copy to be attached with the form
for sub-item „4.2
4.2 For value of securities upto 1[Rs. 5,00,000 (Rupees Five lakh only)] per issuer company as on date of application, one or more of the following documents:
the following shall be substituted namely;
Succession certificate or probate of will or will or letter of administration or Decree, as may be applicable in terms of Indian Succession Act, 1925. (39 of 1925) or any other Decree or Order of any Court or Tribunal
for sub-item „4.3
4.3 For value of securities more than 1[Rs. 5,00,000 (Rupees Five lakh only)] per issuer company as on date of application:Succession certificate or probate of will or letter of administration or court decree, as may be applicable in terms of Indian Succession Act, 1925. (39 of 1925)
the following shall be substituted namely;
For value of securities more than 5,00,000 (Rupees Five lakh only) per issuer company as on date of application: Succession certificate or probate of will or will or letter of administration or Decree, as may be applicable in terms of Indian Succession Act, 1925. (39 of 1925) or any other Decree or Order of any Court or Tribunal.
under sub-heading “B. in sub-item „1.1 for the word
nominee
the following shall be substituted namely;
claimant
under sub-heading “B. in sub-item „1.2
Original or copy of death certificate duly attested
the following shall be substituted namely;
Copy of death certificate of security holder attested by claimant.
under sub-heading “B. in item, 2, in sub-item 2.2, for clause (a),
(a) Succession certificate or probate of will or letter of administration or court decree, as may be applicable in terms of Indian Succession Act, 1925.
the following shall be substituted namely;
Succession certificate or probate of will or will or letter of administration or Decree, as may be applicable in terms of Indian Succession Act, 1925. (39 of 1925) or any other Decree or Order of any Court or Tribunal.
under sub-heading “B. in item, 2, in sub-item 2.3,
For value of securities more than 1[Rs. 5,00,000 (Rupees Five lakh only)] per issuer company as on date of application:Succession certificate or probate of will or letter of administration or court decree, as may be applicable in terms of Indian Succession Act, 1925. (39 of 1925)
the following shall be substituted namely;
For value of securities more than 5,00,000 (Rupees Five lakh only) per issuer company as on date of application: Succession certificate or probate of will or will or letter of administration or Decree, as may be applicable in terms of Indian Succession Act, 1925. (39 of 1925) or any other Decree or Order of any Court or Tribunal.
in item „3, in sub-item „3.1 for the word,
nominee
the following shall be substituted namely;
claimant
in item,3, in sub-item „3.2
Original or copy of death certificate(s) of all the joint holders duly attested
the following shall be substituted namely;
Copy of death certificate of security holder attested by claimant.
in item,3, in sub-item „3.4
Copy of transaction statementduly certified by Depository Participant.
the following shall be substituted namely;
Copy of transaction statement duly attested by Claimant.
in item, 4, in sub-item, 4.2, for clause (a),
(a) Succession certificate or probate of will or letter of administration or court decree, as may be applicable in terms of Indian Succession Act, 1925. (39 of 1925)
the following shall be substituted namely;
Succession certificate or probate of will or will or letter of administration or Decree, as may be applicable in terms of Indian Succession Act, 1925. (39 of 1925) or any other Decree or Order of any Court or Tribunal.
in item, 4, in sub-item, 4.3,
4.3 For value of securities more than 1[Rs. 5,00,000 (Rupees Five lakh only)] per issuer company as on date of application:Succession certificate or probate of will or letter of administration or court decree, as may be applicable in terms of Indian Succession Act, 1925. (39 of 1925).
the following shall be substituted namely;
For value of securities more than 5,00,000 (Rupees Five lakh only) per issuer company as on date of application: Succession certificate or probate of will or will or letter of administration or Decree, as may be applicable in terms of Indian Succession Act, 1925. (39 of 1925) or any other Decree or Order of any Court or Tribunal.
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