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KBL - Format of Affidavit Cum NOC

This document provides a template for an affidavit and no objection certificate from legal heirs for transmitting shares following the death of a shareholder where there is no probate, succession certificate, will, or court decree. The affidavit includes spaces to provide details of the deceased shareholder and their shares held, as well as to list all legal heirs by name, age, and relationship to the deceased. The legal heirs declare that they are entitled to inherit the shares and have no objection to transmitting the shares to the applicant. The affidavit must be executed on a Rs. 100 non-judicial stamp paper and attested by appropriate authorities.

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0% found this document useful (0 votes)
5K views

KBL - Format of Affidavit Cum NOC

This document provides a template for an affidavit and no objection certificate from legal heirs for transmitting shares following the death of a shareholder where there is no probate, succession certificate, will, or court decree. The affidavit includes spaces to provide details of the deceased shareholder and their shares held, as well as to list all legal heirs by name, age, and relationship to the deceased. The legal heirs declare that they are entitled to inherit the shares and have no objection to transmitting the shares to the applicant. The affidavit must be executed on a Rs. 100 non-judicial stamp paper and attested by appropriate authorities.

Uploaded by

Nathan Sri
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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FORMAT OF AFFIDAVIT CUM NO OBJECTION CERTIFICATE FROM OTHER - LEGAL

HEIR(S) FOR TRANSMISSION OF SHARES IN THE NAME OF THE APPLICANT/S WHERE


THERE IS NO PROBATE / SUCCESSION CERTIFICATE / LETTERS OF ADMINISTRATION
/ WILL / COURT DECREE.

(This Declaration is to be executed on Non- Judicial Stamp Paper of Rs.100/- and should be
duly attested either by S.E.M. or Oaths Commissioner or Notary.

AFFIDAVIT CUM NO OBJECTION CERTIFICATE

I/we, below named is/are son/daughter/spouse/legal heir(s) of _________(name of deceased)

Sr.No. Name of Legal Heir(s) Age Residential Relationship


and address with deceased

do hereby solemnly affirm and declare as under:

1. That __________, the deceased, was holding _____ shares in Kirloskar Brothers Limited
covered under Folio No. _______ and Share Certificate No(s). ___________, bearing
Distinctive Nos. ________ to __________ of the face value of Rs. 2/- each.

2. That (name of the shareholder), the deceased expired on __________ (date of death) at
(place of death)

3. Shri./Smt. (name of the deceased) expired on (date of death) at (place of death) leaving
behind him/her all the following legal heirs:

Sr. No. Name of all the legal heir(s) Age Relation with the deceased

1.
2.
3.

4. The person(s) mentioned hereinabove is/are the only heir(s) of the deceased. They are
entitled to inherit solely/jointly the aforesaid shares held by the deceased.

5. I/we’ am/are entitled to inherit solely/jointly the aforesaid shares covered under Folio
No. ______ held by the deceased.

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6. I/we do not desire to make any claim of title of the said securities held by the deceased.
I/we hereby agree to renounce all my/our rights existing as well as they may accrue to
me/us in future in respect of the aforesaid securities.

7. I/we declare that I/we have no objection whatsoever in transmitting the said securities in
the name of the applicant(s), _________ and thereafter making payment in his/her
favour, unclaimed dividend, if any, covered under folio…………..for last 7 years based
on the related documents submitted for transmission of shares.

I /we am/are executing this declaration to be submitted to the concerned authorities of the
Company.

VERIFICATION

I /we hereby state that whatever is stated herein above are true to the best of my/our
knowledge.

Solemnly affirmed at ________ On this ____ day of ______ 20__

(Name and Signature of the Legal heir/s)

1.

2.

3.

Deponent/s

Identified by me Before Me
Advocate S.E.M./ Oaths

NOTES:

1. This Affidavit cum NOC is to be executed by all the Legal heir(s) who are
not claiming the shares.
2. Affidavit should be on Non-judicial stamp paper of Rs.100/-.
3. Please fill up the details as per the documents you are annexing. Please do not just
type this format as it is.
4. Affidavit should be attested by Notary/S.E.M/ Oath

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