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100 share certificates? RIL is a listed company- those shares have now been dematerialised. the current value of RIL shares is roughly INR 2.4K- Depending on value of share, if the shares' value exceed INR 50 lacs, which is possible if a share certificate pertains to multiple shares, obtain a succession certificate from the District Judge. For less than 50 lacs, an ordinary indemnity bond might suffice. All depends on which demat you are dealing with
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reply Check with the demat bank if your uncle had nominated your aunt as a beneficiary. If yes, the bank will give you step by step instructions for the transfer. If your aunt does not have a demat account, she may have to open one.
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reply Pl contact a local district lawyer. While the procedure is fairly simple, getting things executed on the ground may be tough.
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reply Your aunt may file a petition before a civil court for grant of succession certificate. All debts and securities owed to your deceased uncle will be covered by the certificate.
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