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Inherited Shares in IIFL: What Documents Do I Need to Transfer Them?

Samraat Jadhav |2220 Answers |Ask -Follow

Stock Market Expert - Answered on Aug 16, 2024

Samraat Jadhav is the founder of Prosperity Wealth Adviser.
He is a SEBI-registered investment and research analyst and has over 18 years of experience in managing high-end portfolios.
A management graduate from XLRI-Jamshedpur, Jadhav specialises in portfolio management, investment banking, financial planning, derivatives, equities and capital markets.... more

Question by SASIDHARAN on Aug 14, 2024Hindi

Money

My father-in-low had some shares with Karvy. Now it is under IIFL. My fatherin-low expired 7-8 years ago. Iam the nominee for this shares. What all documents required to change these shares in my name. I have also a demant account with IIFL. I have only the death certificate of my father-in-low. Any other docuemnts also required to transfer these shares in my name.

Ans: connect IIFL and they will help you, if you as a nominee is registered with them, through death certificate they will transfer the shares in your dmat.

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.

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Hi Sir, My father-in-law had a demant account and some shares, cash with Karvy. He died around 6-7 years back and now the shares are with IIFL. I am the nominee of these shares. How can I transfer these shares in my name. I have also an demat account with IIFL. Plz. advice.

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