Share transmission on death.

I had previously posted on the lack of standard share transmission rules, making it indeed a very expensive and cumbersome process sometimes costlier than the asset itself.

Here is a detailed study by Sebi in pdf format describing the whole issue a must read if some near and dear one has expired leaving behind assets and shares.

The recommendations in this study like either or survivor demat accounts are very positive cutting the litigation and ignorance costs to a bare minimum, that is if they are ever implimented