Legal Question in Wills and Trusts in India

I am from India, my father passed away without nominating us (his wife and two sons) for his SHARES - we have applied in the court for the transfer of shares to our mother's name .
PLEASE ADVICE US WHETHER THE STAMP DUTY IS PAYABLE ON THE "FACE-VALUE" of the Shares (or) on the MARKET VALUE. Please advice

Asked on 8/18/13, 2:35 am

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18.08.2013

Dear Sir / Madam,

Stamp Duty for transfer of title of the shares is payable on the prevailing market value of the shares.

Regards,

Answered on 8/18/13, 3:39 am

KarVai Legal Solutions Rajiv Gupta 9811284735 Ch.No: 359, Western Wing, Tis Hazari, Delhi www.karvai.in

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Value of shares.

Answered on 8/19/13, 4:53 am

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dear client.............

Contact me at [email protected] so that better advice can be made after interaction...

Answered on 8/28/13, 11:53 pm

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