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Schedule II

Documents to be submitted to the Authority to register transmission of securities

A. Documentary requirement for securities held in physical mode

1. Where the ²² [securities] are held singly with nomination:

1.1. Duly signed transmission request form by the ²[claimant].

1.2. ³[Copy of death certificate of security holder attested by claimant.]

1.3. Self-attested copy of PAN card.

1.4. ⁴[The original share certificate is to be sent to the company and scanned copy to be attached with the form].

1.5. Any other government ID proof of the nominee.

2. Where the shares are held singly without nomination, the following documents in addition to the documents specified at paragraph 1 are required:

2.1 Affidavit from all the legal heirs made on appropriate non-judicial stamp paper- to the effect of identification and claim of legal ownership to the securities:

Provided that in case the legal heir(s) or claimant(s) is named in the succession certificate or probate of will or Letter of Administration, an Affidavit from such legal heir(s) or claimant(s) alone would be sufficient.

2.2 For value of securities up to ¹[Rs. 5,00,000 (Rupees Five lakh only)] per issuer company as on date of application, one or more of the following documents:

⁵[(a) Succession certificate or probate of will or will or letter of administration or Decree, as may be applicable in terms of Indian Succession Act, 1925. (39 of 1925) or any other Decree or Order of any Court or Tribunal. ^23. [or legal heir certificate issued by the revenue authority not below the rank of Tahsildar having jurisdiction]

(b) In the absence of the documents as mentioned at (a) above,

(i). No objection certificate from all legal heir(s) executed by all the legal heirs of the deceased holder not objecting to such transmission (or) copy of Family Settlement Deed duly notarized

and

(ii). An Indemnity bond made on appropriate non-judicial stamp paper – indemnifying the STA or Issuer Company.

2.3 ⁶[For value of securities more than ¹[Rs. 5,00,000 (Rupees Five lakh only)] per issuer company as on date of application: Succession certificate or probate of will or will or letter of administration or Decree, as may be applicable in terms of Indian Succession Act, 1925. (39 of 1925) or any other Decree or Order of any Court or Tribunal.]

⁷[Explanation: (1) The Company may enhance the limit of Rs. 5,00,000 (Rupees Five lakh only) per issuer company in accordance with SCHEDULE VII of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, after taking approval of its Board of Directors and provide copy of Board resolution to Authority at the time of verification of claim.

^24. [(2) In cases where a copy of Will is submitted as may be applicable in terms of the Indian

Succession Act, 1925 (39 of 1925), the same shall be accompanied with a notarised indemnity bond from the claimant to whom the securities are transmitted.

(3) In cases where a copy of legal heir certificate issued by the revenue authority not below the

rank of Tahsildar having jurisdiction is submitted, the same shall be accompanied with–

(a) a notarised indemnity bond from the legal heir or claimant to whom the

securities are transmitted; and

(b) a no objection certificate from all legal heirs other than claimants, stating that they

have relinquished their rights to the claim for transmission of securities, duly attested by a

notary public or by a gazetted officer.

(4) The value of the securities as on the date of application shall be quantified by the applicant

on the basis of the closing price of such securities at any one of the recognised stock exchange a day

prior to the date of such submission in the application, for listed securities and for unlisted

securities, the value shall be quantified basis on the face value or the maturity value of the security,

whichever is more.]

3. Where the shares are held jointly with nomination:

3.1 Duly signed transmission request form by the ⁸[claimant].

3.2 ⁹[Copy of death certificate of security holder attested by claimant]

3.3 Self-attested copy of PAN card.

3.4 ¹⁰[The Original share certificate is to be sent to the company and scanned copy to be attached with the form].

3.5 Any other government ID proof of the nominee.

4. Where the shares are held jointly without nomination, the following documents in addition to the documents specified at paragraph 3 are required:

4.1 Affidavit from all the legal heirs made on appropriate non-judicial stamp paper- to the effect of identification and claim of legal ownership to the securities.

4.2 ¹¹[Succession certificate or probate of will or will or letter of administration or Decree, as may be applicable in terms of Indian Succession Act, 1925. (39 of 1925) or any other Decree or Order of any Court or Tribunal].

(a) Succession certificate or probate of will or letter of administration or court decree, as may be applicable in terms of Indian Succession Act, 1925.(39 of 1925)

(b) In the absence of the documents as mentioned at (a) above,

(i). No objection certificate from all legal heir(s) executed by all the legal heirs of the deceased holder(s) not objecting to such transmission (or) copy of Family Settlement Deed duly notarized

and

(ii). An Indemnity bond made on appropriate non-judicial stamp paper – indemnifying the STA or Issuer Company.

4.3 ¹²[For value of securities more than 5,00,000 (Rupees Five lakh only) per issuer company as on date of application: Succession certificate or probate of will or will or letter of administration or Decree, as may be applicable in terms of Indian Succession Act, 1925. (39 of 1925) or any other Decree or Order of any Court or Tribunal.]

(2) for the case where will is provided, following documents shall also be required:

(a) Legal heirship certificate issued by Competent Authority;

(b) No Objection Certificate from all legal heirs in favor of the claimant;

(d) Affidavit with regard to the will as last will and no matter is pending before any court with regard to such will;

(e) Surety affidavit by at least two sureties with their PAN Card.]

B. Documentary requirement for securities held in DEMAT mode

1. Where the shares are held singly with nomination:

1.1. Duly signed transmission request form by the ¹³[claimant].

1.2. ¹⁴[Copy of death certificate of security holder attested by claimant.]

1.3. Self-attested copy of PAN card.

1.4. Copy of transaction statement duly certified by Depository Participant.

1.5. Any other government ID proof of the nominee.

2. Where the shares are held singly without nomination, the following documents in addition to the documents specified at paragraph 1 are required:

2.1 Affidavit from all the legal heirs made on appropriate non-judicial stamp paper- to the effect of identification and claim of legal ownership to the securities.

2.2 For value of securities upto ¹[Rs. 5,00,000 (Rupees Five lakh only)] per issuer company as on date of application, one or more of the following documents:

¹⁵[(a) Succession certificate or probate of will or will or letter of administration or Decree, as may be applicable in terms of Indian Succession Act, 1925. (39 of 1925) or any other Decree or Order of any Court or Tribunal.]

(b) In the absence of the documents as mentioned at (a) above,

(i) No objection certificate from all legal heir(s) executed by all the legal heirs of the deceased holder not objecting to such transmission (or) copy of Family Settlement Deed duly notarized

and

(ii) An Indemnity bond made on appropriate non-judicial stamp paper – indemnifying the STA or Issuer Company.

2.3 ¹⁶[For value of securities more than 5,00,000 (Rupees Five lakh only) per issuer company as on date of application: Succession certificate or probate of will or will or letter of administration or Decree, as may be applicable in terms of Indian Succession Act, 1925. (39 of 1925) or any other Decree or Order of any Court or Tribunal.]

(2) for the case where will is provided, following documents shall also be required:

(a) Legal heirship certificate issued by Competent Authority;

(b) No Objection Certificate from all legal heirs in favor of the claimant;

(d) Affidavit with regard to the will as last will and no matter is pending before any court with regard to such will;

(e) Surety affidavit by at least two sureties with their PAN Card.]

3. Where the shares are held jointly with nomination:

3.1 Duly signed transmission request form by the ¹⁷[claimant].

3.2 ¹⁸[Copy of death certificate of security holder attested by claimant.]

3.3 Self-attested copy of PAN card.

3.4 ¹⁹[Copy of transaction statement duly attested by Claimant.]

3.5 Any other government ID proof of the nominee.

4. Where the shares are held jointly without nomination, the following documents in addition to the documents specified at paragraph 3 above are required:

4.1 Affidavit from all the legal heirs made on appropriate non-judicial stamp paper- to the effect of identification and claim of legal ownership to the securities:

4.2 For value of securities upto ¹[Rs. 5,00,000 (Rupees Five lakh only)] per issuer company as on date of application, one or more of the following documents, namely:-

²⁰[(a) Succession certificate or probate of will or will or letter of administration or Decree, as may be applicable in terms of Indian Succession Act, 1925. (39 of 1925) or any other Decree or Order of any Court or Tribunal.]

(b) In the absence of the documents as mentioned at (a) above,

(i) No objection certificate from all legal heir(s) executed by all the legal heirs of the deceased holder(s) not objecting to such transmission (or) copy of Family Settlement Deed duly notarized

and

(ii) An Indemnity bond made on appropriate non-judicial stamp paper – indemnifying the STA or Issuer Company.

²¹[4.3 For value of securities more than 5,00,000 (Rupees Five lakh only) per issuer company as on date of application: Succession certificate or probate of will or will or letter of administration or Decree, as may be applicable in terms of Indian Succession Act, 1925. (39 of 1925) or any other Decree or Order of any Court or Tribunal.]

(2) for the case where will is provided, following documents shall also be required:

(a) Legal heirship certificate issued by Competent Authority;

(b) No Objection Certificate from all legal heirs in favor of the claimant;

(d) Affidavit with regard to the will as last will and no matter is pending before any court with regard to such will;

(e) Surety affidavit by at least two sureties with their PAN Card.]

Amendments

1. Substituted by the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Second Amendment Rules, 2021. Effective from 09th November 2021

for the words, figures and bracket

Rs 2,00,000 (Rupees Two Lakh only)

the following shall be substituted namely;

Rs 5,00,000 (Rupees Five Lakh only),

2. Substituted by the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Second Amendment Rules, 2021. Effective from 09th November 2021

in sub-item „1.1, for the word

nominee

the following shall be substituted namely;

claimant

3. Substituted by the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Second Amendment Rules, 2021. Effective from 09th November 2021

in sub-item „1.2,

Original or copy of death certificate duly attested.

the following shall be substituted namely;

Copy of death certificate of security holder attested by claimant

4. Substituted by the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Second Amendment Rules, 2021. Effective from 09th November 2021

in sub-item „1.4,

Original share certificate(s)

the following shall be substituted namely;

The original share certificate is to be sent to the company and scanned copy to be attached with the form

5. Substituted by the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Second Amendment Rules, 2021. Effective from 09th November 2021

in item 2,in sub-item 2.2, for clause (a)

Succession certificate or probate of will or letter of administration or court decree, as may be applicable in terms of Indian Succession Act, 1925. (39 of 1925)

the following shall be substituted namely;

Succession certificate or probate of will or will or letter of administration or Decree, as may be applicable in terms of Indian Succession Act, 1925. (39 of 1925) or any other Decree or Order of any Court or Tribunal.

6.Substituted by the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Second Amendment Rules, 2021. Effective from 09th November 2021

for sub-item, „2.3,

For value of securities more than ¹[Rs. 5,00,000 (Rupees Five lakh only)] per issuer company as on date of application: Succession certificate or probate of will or letter of administration or court decree, as may be applicable in terms of Indian Succession Act, 1925. (39 of 1925)

the following shall be substituted namely;

For value of securities more than ¹[Rs. 5,00,000 (Rupees Five lakh only)] per issuer company as on date of application: Succession certificate or probate of will or will or letter of administration or Decree, as may be applicable in terms of Indian Succession Act, 1925. (39 of 1925) or any other Decree or Order of any Court or Tribunal.

7. Inserted by the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Second Amendment Rules, 2021. Effective from 09th November 2021

8. Substituted by the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Second Amendment Rules, 2021. Effective from 09th November 2021

in sub-item „3.1, for the word

nominee

the following shall be substituted namely;

claimant

9.Substituted by the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Second Amendment Rules, 2021. Effective from 09th November 2021

for sub-item, 3.2

Original or copy of death certificate(s) of all the joint holders duly attested

the following shall be substituted namely;

Copy of death certificate of security holder attested by claimant

10. Substituted by the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Second Amendment Rules, 2021. Effective from 09th November 2021

for sub-item, 3.4

Original share certificate(s)

the following shall be substituted namely;

The Original share certificate is to be sent to the company and scanned copy to be attached with the form

11. Substituted by the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Second Amendment Rules, 2021. Effective from 09th November 2021

for sub-item „4.2

4.2 For value of securities upto ¹[Rs. 5,00,000 (Rupees Five lakh only)] per issuer company as on date of application, one or more of the following documents:

the following shall be substituted namely;

12. Substituted by the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Second Amendment Rules, 2021. Effective from 09th November 2021

for sub-item „4.3

4.3 For value of securities more than ¹[Rs. 5,00,000 (Rupees Five lakh only)] per issuer company as on date of application:Succession certificate or probate of will or letter of administration or court decree, as may be applicable in terms of Indian Succession Act, 1925. (39 of 1925)

the following shall be substituted namely;

For value of securities more than 5,00,000 (Rupees Five lakh only) per issuer company as on date of application: Succession certificate or probate of will or will or letter of administration or Decree, as may be applicable in terms of Indian Succession Act, 1925. (39 of 1925) or any other Decree or Order of any Court or Tribunal.

13. Substituted by the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Second Amendment Rules, 2021. Effective from 09th November 2021

under sub-heading “B. in sub-item „1.1 for the word

nominee

the following shall be substituted namely;

claimant

14. Substituted by the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Second Amendment Rules, 2021. Effective from 09th November 2021

under sub-heading “B. in sub-item „1.2

Original or copy of death certificate duly attested

the following shall be substituted namely;

Copy of death certificate of security holder attested by claimant.

15. Substituted by the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Second Amendment Rules, 2021. Effective from 09th November 2021

under sub-heading “B. in item, 2, in sub-item 2.2, for clause (a),

(a) Succession certificate or probate of will or letter of administration or court decree, as may be applicable in terms of Indian Succession Act, 1925.

the following shall be substituted namely;

16. Substituted by the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Second Amendment Rules, 2021. Effective from 09th November 2021

under sub-heading “B. in item, 2, in sub-item 2.3,

For value of securities more than ¹[Rs. 5,00,000 (Rupees Five lakh only)] per issuer company as on date of application:Succession certificate or probate of will or letter of administration or court decree, as may be applicable in terms of Indian Succession Act, 1925. (39 of 1925)

the following shall be substituted namely;

17. Substituted by the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Second Amendment Rules, 2021. Effective from 09th November 2021

in item „3, in sub-item „3.1 for the word,

nominee

the following shall be substituted namely;

claimant

18. Substituted by the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Second Amendment Rules, 2021. Effective from 09th November 2021

in item,3, in sub-item „3.2

Original or copy of death certificate(s) of all the joint holders duly attested

the following shall be substituted namely;

Copy of death certificate of security holder attested by claimant.

19. Substituted by the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Second Amendment Rules, 2021. Effective from 09th November 2021

in item,3, in sub-item „3.4

Copy of transaction statementduly certified by Depository Participant.

the following shall be substituted namely;

Copy of transaction statement duly attested by Claimant.

20. Substituted by the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Second Amendment Rules, 2021. Effective from 09th November 2021

in item, 4, in sub-item, 4.2, for clause (a),

(a) Succession certificate or probate of will or letter of administration or court decree, as may be applicable in terms of Indian Succession Act, 1925. (39 of 1925)

the following shall be substituted namely;

21. Substituted by the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Second Amendment Rules, 2021. Effective from 09th November 2021

in item, 4, in sub-item, 4.3,

the following shall be substituted namely;

22. Substituted by The Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 Effective from 09th September 2024

the following shall be substituted namely;

“securities"

23. Inserted by The Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 Effective from 09th September 202

24. Substituted by The Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 Effective from 09th September 2024

(2) for the case where will is provided, following documents shall also be required:

(a) Legal heirship certificate issued by Competent Authority;

(b) No Objection Certificate from all legal heirs in favor of the claimant;

(d) Affidavit with regard to the will as last will and no matter is pending before any court with regard to such will;

(e) Surety affidavit by at least two sureties with their PAN Card.

the following shall be substituted namely;

“(2) In cases where a copy of Will is submitted as may be applicable in terms of the Indian

Succession Act, 1925 (39 of 1925), the same shall be accompanied with a notarised indemnity bond from the claimant to whom the securities are transmitted.

(3) In cases where a copy of legal heir certificate issued by the revenue authority not below the

rank of Tahsildar having jurisdiction is submitted, the same shall be accompanied with–

(a) a notarised indemnity bond from the legal heir or claimant to whom the

securities are transmitted; and

(b) a no objection certificate from all legal heirs other than claimants, stating that they

have relinquished their rights to the claim for transmission of securities, duly attested by a

notary public or by a gazetted officer.

(4) The value of the securities as on the date of application shall be quantified by the applicant

on the basis of the closing price of such securities at any one of the recognised stock exchange a day

prior to the date of such submission in the application, for listed securities and for unlisted

securities, the value shall be quantified basis on the face value or the maturity value of the security,

whichever is more.”;