End-to-end Share Transmission Services for legal heirs and nominees — with or without a registered nominee, physical or demat, across all RTAs and listed companies in India.
🔒 Strictly confidential. No charges for assessment. No obligation to proceed.
When a shareholder passes away, their investments do not automatically transfer to family members or legal heirs. The shares remain registered in the name of the deceased until a formal legal process — called transmission of shares — is completed through proper Share Transmission Services.
Transmission is not the same as a share transfer. A share transfer is a voluntary transaction between two living persons and attracts stamp duty. Transmission, by contrast, is the legal passage of ownership from a deceased holder to their heir or nominee — and it is governed by specific provisions under the Companies Act 2013 (Ministry of Corporate Affairs) and SEBI regulations.
Without completing transmission, the legal heirs cannot sell, gift, pledge, or further transmit the shares. In many cases, untransmitted shares eventually have their dividends go unclaimed — and after seven years, both the dividends and the shares themselves are transferred to IEPF, adding another layer of complexity that often requires Transmission of Shares for Legal Heirs support.
Acting promptly after a shareholder’s death — and engaging professional Share Transmission Services specialists — prevents this from happening.

From IEPF-5 filing to share transmission after death — our services cover every dimension of investor wealth recovery under one specialist team.
IEPF-5 is the government-mandated form for claiming a refund of shares and dividends transferred to the IEPF Authority. Filing is done on the MCA21 portal and requires a Digital Signature Certificate (DSC) from the claimant. Errors in this form — wrong Nodal Officer details, PAN mismatch, incorrect share quantity, missing Indemnity Bond — result in outright rejection with no recourse except re-filing after six to eight months.
We cross-check the MCA IEPF portal, RTA records, and company websites to confirm which shares and dividend amounts have been transferred and in what quantities.
We prepare a tailored document checklist. We then perform critical KYC pre-alignment — verifying your current data matches RTA records exactly. This step prevents the most common cause of IEPF claim rejection.
We prepare the IEPF-5 form with complete accuracy, coordinate DSC procurement if required, and prepare the Indemnity Bond and Advance Receipt.
Submission is done under expert supervision. A Service Request Number (SRN) is generated as your unique claim reference. Physical document submission to the company’s Nodal Officer is coordinated simultaneously.
We track your claim through company verification, IEPF Authority verification, and MCA approval stages — providing regular status updates throughout.
6–12 months (govt. processing dependent)
KYC mismatch / incorrect Nodal Officer details
A lost, stolen, or damaged share certificate does not mean lost shares — but it does mean the shares are frozen. They cannot be sold, transferred, or dematerialised until a duplicate certificate is issued by the company through a defined legal process. This process requires an FIR, a notarised affidavit, an indemnity bond, newspaper publication, and a formal application to the company’s RTA. A stop transfer notice must also be filed immediately to prevent any fraudulent transfer while the process is underway.
We immediately file a stop transfer notice with the company’s RTA to protect your shares from fraudulent transfer while the duplicate process is underway. This step is done before anything else.
We prepare the FIR draft with all required details — certificate number, folio number, company name, number of shares, and circumstances of loss — and guide you through the filing process at the correct police station.
We draft and arrange notarisation of the affidavit of loss and the indemnity bond, indemnifying the company against any future claim arising from the lost certificate. Format varies by company — we prepare it correctly.
We arrange publication of a public loss notice in two newspapers — one English national paper and one vernacular state paper — simultaneously, and obtain published copies for the RTA submission package.
We compile the complete document package and submit the formal duplicate certificate application to the company’s RTA or registrar. We follow up until the duplicate certificate is issued and physically verified.
45–75 days (standard lost certificate cases)
Dematerialisation of the duplicate certificate
When a shareholder passes away, their shares do not transfer to family members automatically. The legal process — called transmission of shares — must be formally applied for by the heir or registered nominee. Until transmission is completed, no one can sell, transfer, or dematerialise the deceased’s shares. The documentation required depends on whether a nominee was registered, whether a will exists, and whether shares are held in demat or physical form.
We identify which of four transmission scenarios applies: nominee + demat shares, nominee + physical shares, no nominee (legal heir cert), or no nominee + shares already transferred to IEPF. Each has a different process and timeline.
For no-nominee cases, we initiate the succession certificate or legal heir certificate process simultaneously with document collection — through the correct revenue authority or civil court for the deceased’s state of residence.
We prepare the complete transmission request in the exact format required by the specific RTA — KFintech, Link Intime, Alankit, Bigshare, or Cameo — each has different requirements. Incorrect formats cause rejections.
We submit the full transmission request with all supporting documents. For physical certificate cases, original certificates are surrendered to the RTA at this stage as part of the process.
We follow up with the RTA through to approval and confirm shares are credited to the heir’s demat account. If any shares have also been transferred to IEPF, we manage that IEPF-5 filing in parallel.
30–60 days (nominee + demat) · 3–6 months (no nominee)
Wrong succession document / submission in incorrect RTA format
Dividends declared by a listed company but not credited to the shareholder accumulate as unclaimed amounts. Dividends held by the company for fewer than seven years can be claimed directly from the company without filing an IEPF-5. Once the seven-year threshold is crossed, both the dividend amounts and the corresponding shares are transferred to IEPF and require a formal claim. Outdated bank mandates, address changes, and unlinked PAN are the most common causes of unclaimed dividends.
We check the MCA IEPF portal, the company’s published unclaimed dividend list, and the RTA folio records to determine whether dividends are still held by the company or have already been transferred to IEPF.
For dividends still held by the company, we update the bank mandate and address with the RTA in the correct format for each specific RTA — restoring dividend flow and enabling recovery of accumulated unpaid amounts.
Where dividends are in the company’s unpaid dividend account and have not yet reached the 7-year IEPF threshold, we submit a direct dividend recovery application to the company with updated banking details.
Where dividends have already been transferred to IEPF, we file the IEPF-5 form on the MCA21 portal. The dividend recovery component is included in the same claim as any share recovery — one coordinated filing.
We verify that recovered dividend amounts are credited to the correct account — NRO/NRE for NRI clients, standard bank for resident Indians — and confirm the dividend mandate is updated to ensure future dividends arrive correctly.
30–90 days (pre-IEPF) · 6–12 months (post-IEPF transfer)
Unlinked PAN / outdated bank mandate causing continued dividend failure
When a shareholder passes away and their shares have been transferred to IEPF, the legal heir cannot file a standard IEPF-5 claim alone. They must first formally establish their legal right to the assets through a legal heir certificate (from a revenue authority) or a succession certificate (from a civil court) — and then combine that documentation with the IEPF-5 filing. This combined process is more complex, takes longer, and requires specific legal documentation that varies by state.
We assess whether a legal heir certificate (revenue authority, 15–45 days) or succession certificate (civil court, 3–6 months) is required — based on your state, the value of assets, and the specific RTA’s or IEPF Authority’s requirements.
We manage the entire legal documentation process — petition drafting, court filing, public notice publication, and hearing coordination — through our legal panel across all Indian states. No separate lawyer engagement needed.
While succession documentation is being processed, we simultaneously prepare the IEPF-5 form, perform KYC pre-alignment with RTA records, and assemble the complete document package — so filing happens immediately when the certificate is issued.
We submit the IEPF-5 on the MCA21 portal together with the succession certificate, death certificate, heir identity proof, and all required indemnity documentation — as a single coordinated package to the Nodal Officer.
We track the claim through company-level verification and IEPF Authority review — escalating via SEBI SCORES where statutory timelines are exceeded — through to final confirmation of shares credited to the heir’s demat account.
9–15 months (includes succession certificate process)
Legal heir certificate or succession certificate
The transmission process varies significantly depending on your specific situation. Our Share Transmission Services team identifies the correct pathway and documentation required for successful transmission.
This is the most straightforward transmission scenario. When a nominee is registered in the demat account and the shares are held in electronic form, the transmission process is relatively quick and requires minimal documentation. This is the simplest category of Deceased Shareholder Transmission Services because a valid nominee is already recorded.
Documents Required:
Typical Timeline: 30–60 days
When a nominee is registered but shares are held in physical certificate form, transmission requires coordination with the company's RTA in addition to the depository participant. Physical certificates must be surrendered and eventually dematerialised. These cases frequently require Share Transmission & Legal Heir Assistance together with physical share dematerialisation support.
Documents Required:
Typical Timeline: 60–90 days
Filed with: Company RTA (KFintech / Link Intime / others)
Followed by: Dematerialisation of transmitted certificates
When no nominee is registered, the legal heirs must formally establish their right to the shares through either a legal heir certificate (issued by a revenue authority) or a succession certificate (issued by a civil court). The appropriate document depends on the state of residence, the value of the assets, and whether a will exists. This is the most common Transmission of Shares for Legal Heirs scenario handled by our team.
Documents Required:
Typical Timeline: 3–6 months with professional Share Transmission Services support.
Filed with: Company RTA + DP where applicable
In many cases involving deceased shareholders, dividends went uncashed for seven or more years before transmission was initiated — causing the shares to be transferred to IEPF. This requires a combined process: establishing the legal heir's claim through succession documentation AND filing an IEPF-5 claim. This is the most complex category of Transmission of Shares After Death because transmission and IEPF recovery must be completed together.
Documents Required:
Typical Timeline: 9–15 months
Filed with: Company RTA + IEPF Authority + DP
Note: Both transmission and IEPF recovery are handled simultaneously through our integrated Share Transmission Services process.
In our experience handling 1000+ transmission cases, these are the most common reasons families do not initiate transmission promptly — and the consequences of delay.
Many shareholders — particularly those who invested in the 1980s and 1990s IPO era — never informed their family about their investments. Share certificates sat in bank lockers or files for decades. By the time they are discovered, dividends have been going unclaimed for years and IEPF transfer may have already occurred.
Families often discover these holdings years later and require Deceased Shareholder Transmission Services before recovery can begin.
The company's RTA sends dividend warrants and shareholder notices to the registered address. If the shareholder moved without updating records, all correspondence — including notices about untransmitted holdings — goes undelivered.
A very common misconception. Many families assume that when a parent or spouse passes away, their bank accounts, investments, and shares automatically transfer to the surviving family. For bank accounts with joint holders or nominees, this may be partially true — but for share folios, it is not. Formal transmission must be applied for.
Formal Transmission of Shares for Legal Heirs must always be initiated before ownership can be recognised.
The documentation requirements for transmission — particularly in no-nominee cases — involve government offices, courts, and RTAs that most people have no prior experience dealing with. Many families start the process, encounter the first obstacle, and abandon it.
This is why many families seek professional Share Transmission & Legal Heir Assistance after encountering their first documentation hurdle.
Many shares from the 1980s–90s are in companies that have since merged, been acquired, or changed their name. Family members assume the shares are worthless and do not pursue transmission — when in fact the shares may have been converted to successor company equity at significant value.
Where there are multiple heirs — children from different families, disputes over the will, or heirs in different cities — the requirement for NOC from all parties and coordinated documentation can delay transmission indefinitely without a structured process.
Complex family structures often require specialist Transmission of Shares After Death support to avoid prolonged delays.
From the first case assessment to the final demat credit, our Share Transmission Services team manages every stage of the process.
We begin with a free consultation to assess your specific situation. We identify which transmission pathway applies — nominee vs. no nominee, demat vs. physical, single heir vs. multiple heirs — and give you a precise document checklist for your case. We also check at this stage whether any shares have already been transferred to IEPF. We also determine whether the matter requires standard transmission, Transmission of Shares for Legal Heirs, or combined IEPF recovery support.
For no-nominee cases, we guide you through obtaining the correct legal document for your state and the value of assets involved. We prepare all court petition documents for succession certificate applications, coordinate with local advocates where required, and manage the entire legal documentation process. Our team specialises in Share Transmission & Legal Heir Assistance across all states and jurisdictions.
We prepare and submit the complete transmission request to the relevant RTA — KFintech, Link Intime, Alankit Assignments Ltd., Bigshare, or others — in the correct format. Each RTA has different requirements and submission processes. Our RTA-specific experience prevents rejections due to format errors or incomplete documentation. Our extensive experience in Deceased Shareholder Transmission Services helps prevent rejections and unnecessary delays.
For physical certificate cases, we coordinate the surrender of original certificates, manage the transmission endorsement process with the RTA, and initiate dematerialisation of the transmitted certificates into the heir's demat account. Physical certificate matters frequently require integrated Share Transmission Services and dematerialisation support.
Where shares have already been transferred to IEPF, we manage both processes simultaneously — the transmission documentation and the IEPF-5 filing. This integrated approach reduces the overall timeline compared to handling each process separately. This combined workflow is a specialised area of Transmission of Shares After Death recovery cases.
For NRI legal heirs, we manage the entire process remotely — including apostilled document coordination, FEMA Compliance, NRO/NRE account setup guidance for dividend credit, and all Indian-side RTA and government submissions. We provide complete NRI-focused Share Transmission Services without requiring a visit to India.
We review the shareholder's details, identify which companies and RTAs are involved, check whether any holdings have been transferred to IEPF, we determine the correct transmission pathway and assess whether Transmission of Shares for Legal Heirs documentation will be required. No charges at this stage.
We issue a complete document checklist tailored to your case. As documents are received, we verify each one for accuracy and completeness — checking that names match across all documents, that certificates are in order, and that identity proof is current and valid. Discrepancies are flagged and resolved before submission.
For no-nominee cases, we manage the legal documentation process as part of our Share Transmission & Legal Heir Assistance workflow. We prepare all court petition documents, coordinate with local legal counsel where required, and track the application through to issuance.
Note: Legal heir certificate (tahsildar/SDM) takes 15–30 days. Succession certificate (civil court) takes 60–120 days depending on jurisdiction.
We prepare the complete transmission request in the exact format required by the relevant RTA and submit it with all supporting documents. Physical certificates are surrendered at this stage where applicable. We obtain a written acknowledgement of submission from the RTA. All submissions are prepared and reviewed under our structured Share Transmission Services process before filing.
The RTA verifies the submission and processes the transmission. We follow up at regular intervals and respond to any queries or deficiency notices from the RTA within 48 hours. Where RTAs exceed reasonable processing timelines, we escalate formally. Our specialists actively follow up on all Deceased Shareholder Transmission Services cases until approval is received.
Once approved, the shares are credited and the Transmission of Shares After Death process is formally completed. We verify the credit, provide you with complete documentation confirming the transmission, and advise on next steps — whether that is selling, holding, or managing the newly transmitted portfolio.
Document requirements vary depending on whether the matter involves nominee transmission, Transmission of Shares for Legal Heirs, NRI inheritance, or IEPF recovery.
| Document | Nominee Case | No Nominee | NRI Heir |
|---|---|---|---|
| Death Certificate | ✓ | ✓ | ✓ |
| Nominee / Heir Identity Proof (PAN) | ✓ | ✓ | ✓ |
| Nominee / Heir Aadhaar | ✓ | ✓ | — |
| OCI Card / Passport | — | — | ✓ |
| Active Demat Account Details | ✓ | ✓ | ✓ |
| Bank Account Proof (Cancelled Cheque) | ✓ | ✓ | ✓ |
| Original Share Certificates | If physical | If physical | If physical |
| Legal Heir Certificate | — | ✓* | ✓* |
| Succession Certificate | — | ✓* | ✓* |
| NOC from Other Legal Heirs | — | ✓ | ✓ |
| Indemnity Bond (Notarised) | — | ✓ | ✓ |
| Apostilled Documents | — | — | ✓ |
| FEMA Declaration | — | — | ✓ |
| Will / Probate (if applicable) | — | ✓* | ✓* |
| * Where applicable based on state, asset value, and whether a will exists. | |||
KFintech, Link Intime, Alankit, Bigshare, and Cameo all have different transmission formats, different document requirements, and different processing timelines. We have worked with all of them extensively. Submitting in the wrong format or to the wrong address — both common errors — results in rejection and delay. We eliminate this risk entirely. Our experience across RTAs makes us one of the most trusted providers of Deceased Shareholder Transmission Services in India.
Most firms that offer transmission services stop at document submission. When a succession certificate is required — which it frequently is for no-nominee, higher-value cases — they refer you elsewhere. We coordinate the entire succession certificate process as part of our Share Transmission & Legal Heir Assistance offering.
Before initiating transmission, we check whether any of the shares have already been transferred to IEPF due to unclaimed dividends. If they have, we build an integrated plan — handling transmission and IEPF recovery simultaneously — so you do not discover the IEPF issue months later after the transmission is complete. Many Transmission of Shares After Death cases are complicated by IEPF transfers. We identify these issues before filing.
Where several legal heirs are involved, we coordinate documentation across all parties, manage the NOC process, and ensure that the transmission proceeds efficiently — regardless of whether heirs are in different cities or different countries. We regularly manage complex Transmission of Shares for Legal Heirs cases involving multiple beneficiaries.
For NRI heirs, the transmission process is managed entirely remotely. We guide you through apostille requirements country by country, manage all Indian-side submissions, and handle FEMA compliance for dividend repatriation after the transmission is complete. NRI heirs receive complete Share Transmission Services support including apostille guidance and FEMA compliance.
Our documented process, pre-submission verification, and active follow-up deliver a 99% success rate across all transmission case categories — from simple nominee cases to complex multi-jurisdiction NRI estate settlements.
Share transmission is the legal passage of ownership that occurs due to the death, insolvency, or lunacy of a shareholder — it is not a voluntary transaction. No stamp duty is applicable on transmission. Share transfer, by contrast, is a voluntary transaction between two living parties and requires a share transfer deed (Form SH-4) with applicable stamp duty. In inheritance situations, transmission is the correct process — not transfer.
No. Share transmission does not happen automatically. The legal heirs or registered nominee must formally apply for transmission by submitting the required documents to the company’s RTA or depository participant. Until transmission is approved, ownership remains unchanged. This is why timely Share Transmission Services are important.
If no nominee is registered, the legal heirs must establish their claim through either a legal heir certificate (issued by a revenue authority such as a tahsildar or SDM) or a succession certificate (issued by a civil court). The appropriate document depends on the state of residence, the value of the assets, and whether a valid will exists. We guide families through the complete Transmission of Shares for Legal Heirs process based on their specific circumstances.
Yes. Multiple legal heirs can apply for joint transmission, with the shares being credited to a jointly held demat account. Alternatively, one heir can apply on behalf of all with a valid NOC from the other heirs. Our Share Transmission & Legal Heir Assistance team manages documentation for both joint and representative heir applications.
Each company’s RTA must be addressed separately. Requirements may vary slightly between RTAs. We manage submissions to all relevant RTAs simultaneously — rather than sequentially — to reduce the overall timeline.
This type of case frequently requires Deceased Shareholder Transmission Services together with duplicate certificate recovery: first obtaining a duplicate share certificate in the name of the deceased shareholder, and then initiating transmission to the legal heir. We handle both processes in sequence. In some cases, the RTA may allow transmission to proceed with an indemnity bond in lieu of the original certificate — we assess whether this route is available for your specific company and RTA.
If the deceased shareholder’s shares have been transferred to IEPF due to unclaimed dividends, the legal heir must both establish their transmission claim and file an IEPF-5 claim. These matters are handled through our integrated Transmission of Shares After Death and IEPF recovery workflow.
Yes. We offer a fully remote transmission service for NRI heirs. Documents executed abroad must be apostilled or notarised according to the requirements of the country of residence and Indian regulations. We provide country-specific guidance on apostille requirements and manage all Indian-side submissions on your behalf. NRI heirs can complete the process remotely through our specialised Share Transmission Services model.
For nominee cases with demat shares: 30–60 days. For no-nominee cases requiring a legal heir certificate: 2–3 months. For cases requiring a succession certificate from a civil court: 4–6 months. For combined transmission and IEPF recovery cases: 9–15 months. Timelines vary depending on whether the case involves nominee transmission, Transmission of Shares for Legal Heirs, succession certificate requirements, or IEPF recovery.
Our fees are disclosed in writing before we begin any work and are based on the complexity of the case. For many cases we operate on a success-fee model — you pay only when the transmission is successfully completed. There are no hidden charges and no upfront commitment required.
Every day that transmission is delayed increases the risk of unclaimed dividends, IEPF transfer, and additional documentation requirements. Our Share Transmission Services specialists will assess your case for free and provide a clear recovery roadmap within 2 business hours.