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Hdfc Bank Indemnity Bond Format

Hdfc Bank Indemnity Bond Format

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Instructions and help about indemnity of policy document

foreign [Music] in this video we will discuss share transfer if account holder dies without appointing nominee shares transfer by way of death is termed as transmission of shares the word transmission implies transmission by operation of law it is a type of transfer in which the claimant has to prove to the authorities that he is the rightful owner of this shares generally one of the common mistakes that a shareholder makes is to neglect the name of a nominee in their shared documents which results in complicated paperwork when a claim is made nowadays it becomes mandatory to mention the name of the nominees in case of opening a demit account it is further imperative to mention that without any nomination the shares will remain unclean for a number of years hence leading the company to transfer them to the iepf funds therefore to avoid any further complexities in the documentation process and to avoid Indulgence of iepf authority it is required that the documents of the shares shall in

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