Illegal transfer of my father’s shares to my uncle’s name
2 years ago
Greetings of the day !
My father was holding 100 shares of Alkyl Amines Chemical Limited since original IPO allotment in physical forms. Then after my father passed away on 16/02/1998. Recently one consultant came to our old residential address, where my one of my uncle is living and informed that he can de materialized the said shares in his account. After deciding consultation charges they started process with doing signature of my father(as my father passed away on 16/02/1998). But 10/03/2021 the said application is rejected due to signature miss match of my father. Then after my uncle & consultant again proceed the same with some more perfection and filed revise application for share transfer & for de-materialize the said shares. But on 25/04/2021 my uncle expired due to COVID. I guess in this matter other my family member like other real uncles are also involved and they contact the consultant and forced him to keep continue the same process.
I am knowing all the said facts as after my uncle passed away i kept his mobile phone with me and all conversation is recorded in his mobile phone.
Now I am asking that can i treat this case of fraud?
And what should i do to get my father's shares back- Approx value of shares is Rs. 7.2 Lacs?
Any one pl advise me for faster addressal.
Ankur Goel @ Complete Law Shield
Responded 2 years ago
Then send FIR copy along with legal heir certificate to Alkyl Amines Chemical investor service company.
File an application for transferring the share in your name as your father's legal heirs. Keep necessary documents like your father's death certificate and papers proving shares owned by your father. Simultaneously file a police complaint against the other uncles and lawyer for fraud and forgery.
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Ayantika Mondal @ Prime Legal
Responded 2 years ago
It is a fraud. You should consult a lawyer with all necessary documents and get the shares transferred in your mother and your name after since you are the legal heirs of your father.
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Aarti Mahto
Responded 2 years ago
To answer your question, this is definitely a case of fraud. You may also address a Legal Notice to the Consultant, threatening criminal action, or you may directly file a criminal complaint against the Consultant.
In order to obtain your father's shares in your favour, I advise you to address a Letter to the Company, apprising them of the true and correct facts. You may inform the Company regarding the demise of your father and request the Company to transfer his shares in favour of the legal heirs. You may also furnish a copy of your father's Death Certificate and a copy of the Legal Heirs Certificate for this purpose.
Sidhaarth
Responded 2 years ago
Get death certificate of your father and our uncle and approach local lawyer along with family tree so that you can get transfer those shares in your name.