CA.VIKRAM KUMAR

  1. How to Transfer Shares in case of Death Transmission One of the lesser-known but widely experienced problems with respect to dealing in share certificates is transmission of shares. The Companies Act distinguishes transmission of shares from transfer of shares. While transfer of shares relates to a voluntary act of the shareholder, transmission is brought about by operation of law. The word 'transmission' means devolution of title to shares otherwise than by transfer, for example, devolution by death, succession, inheritance, bankruptcy, marriage, etc. While transfer of shares is brought about by delivery of a proper instrument of transfer (viz, transfer deed) duly stamped and executed, transmission of shares is done by forwarding the necessary documents (such as a notarised copy of death certificate) to the company. On registration of the transmission of shares, the person entitled to transmission of shares becomes the shareholder of the company and is entitled to all rig

  Eligibility Criteria for GeM Seller/Buyer Registration on GeM Portal GeM, or Government E-Marketplace , is a Procurement portal, which can be used to purchase or sell any item or goods by anyone. Nevertheless, like anything else, an individual will need to comply with the registration form to begin their endeavour on the platform. Government e-Marketplace (GeM) is a one stop portal to facilitate online procurement of common use Goods & Services required by various Government Departments / Organizations / PSUs. GeM aims to enhance transparency, efficiency and speed in public procurement. It provides the tools of e-bidding, reverse e-auction and demand aggregation to facilitate the government users achieve the best value for their money. The purchases through GeM by Government users have been authorized and made mandatory by Ministry of Finance by adding a new Rule No. 149 in the General Financial Rules, 2017.  https://static.gem.gov.in/resources/training-module/Rule149-of-GFR.pdf

  LIC IPO Individual, resident Indian policyholders with one or more LIC policies as on the date of DRHP and bid/offer opening date will be eligible to apply under this reserved portion.  The maximum bid per policyholder is capped at Rs 2 lakh. Policyholders who fail to update their PAN details by February 28, 2022 will not be eligible for this quota. Only Policy holders who update their PAN No by Feb 28,2022 can apply under policy holders quota.  Read Prospecrus filed on 13.02.2022 - LIC files draft order with SEBI - https://www.sebi.gov.in/filings/public-issues/feb-2022/life-insurance-corporation-of-india_56035.html Up to 10% of the LIC IPO issue size would be reserved for policyholders. How to apply for LIC IPO for a LICPolicy Holder https://eterm.licindia.in/eServices/ipo_cell_notice LIC APP :  Android:  https://play.google.com/store/apps/details?id=com.lic.liccustomer IOS: https://apps.apple.com/us/app/lic-customer/id1324159013?ls=1 LIC Website :  https://licindia.in/ FAQ: What is