[Resolved]  Karvy — transfer and transmission of shares of deceased to spouse

Address:Hyderabad, Telangana, 638401
Website:Karvy compushare

Dear sir

Transfer of shares client id 13981255 kindly refer your office letter ksbl/dp/transm-prc/1113419 dated 22/10/2018

With reference to my mail and your reply mail on the above subject kindly update the status the blue dect art courier no mentioned in the mail does not pertain to r savithri the same has been returned to your office. Sir kindly note that we have received the claim process and the same has been submitted alongwith all the required documents like death certificate, legal heir certificate and indemnity no objection certificate by the legal heirs. (Duly notarised). Sir i would like to mention that there is only spouse and only daughter r vidhya of the deceased and hence a noc on stamp paper duly notarised by the advocate along with the transfer or transmission forms has been sent the same has been rejected saying that we have to produce succession certificate sir i would kindly request your good self tomolease reconsider the transfer with the available documents and not insist for succession certificate as she is the only daughter and she has given her consent for transfer by executing a indemnity and no objection certificate for transmission of shares legally. As this case is different considering the claimants i request to olease reconsider and process my application accordingly.

Sir inspite of repeated mails i am. Not getting any reply from your end inspite of sending multiple mails i am. Receiving only system generated mail that your case is being looked into and no progress in this regard has been communicated. So request you to kindly look into the matter and resolve it at the earliest.

On consulting legal experts, i was advised that the transmission of shares can be done with this since there is only one daughter and no other additional family members a succession certificate is not required it is only required in case there are more than one claimant or children. A noc from only daughter would suffice. The same has been sent in view of the above i humbly request you to reconsider the transmission of shares from late k rathinam to r savithri and process the same.

Thanks and regards

R savithri

Wife of late k rathinam

Mob [protected]
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Dec 22, 2018
Complaint marked as Resolved 
Karvy customer support has been notified about the posted complaint.
Verified Support
Nov 19, 2018
Karvy Customer Care's response
Dear Savithri

We understand your concern. Very sorry for the delay caused. We will resolve the issue at the earliest.

Regards
Team Karvy
Complaint comments 

Comments

Trying to update aadhaar address online and getting Transliteration error. Tried multiple times but still the same error. Sent an email to karvy but not reply. Why such a painful process for updating a simple address

Request Number(URN) is 0000/00542/12370

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