Urgent - transmision of shares

Discussion in 'Pvt ltd' started by Alina, Dec 21, 2013.

  1. Alina

    Alina Member

    Please provide your views for this query: ABC Pvt Ltd Company allotted bonus shares to its members on 18th February,2013 and filed form-2 with ROC.. The company was not in knowledge of the fact that Mr. A holding 10 shares died on 5th February,2013 and also alloted bonus shares in his name. Now how the company can rectify this mistkae? If Mr. A has not given name of any nominee and also not executed any will before death , who will get his shares and what will be the Procedure?

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