Determining the task of transferring equity shares of the deceased to the heirs – Tejaratnews
According to Tejarat News, since 2004, more than 3.5 million equity shareholders have died, but no mechanism has been established to transfer the equity shares of the deceased to their heirs.
From August 1399, the Supreme Council of the Stock Exchange and Securities approved and announced the executive regulations for the liberalization of equity shares, which would enable the transfer of the equity shares of the deceased to their legal heirs.
The Securities and Exchange Organization provided the conditions for the transfer of equity shares of the deceased by using the available capacity in selected brokerages.
According to this circular, if there are several heirs, one of them who is registered in the Sejam system can go through the transfer procedures as the heir’s representative. However, the aforementioned directive has not yet taken an executive form.
About two weeks ago, Farzaneh Yari, the legal deputy of the Central Depository of Securities, stated: There is no centralized, accurate information that can be used to carry out the transfer process in accordance with the laws and regulations without the need to visit in person. But the Central Depository Company has succeeded in taking a resolution that allowed this company to take the necessary measures to transfer the equity shares of the deceased by using the cooperation capacity of brokerage companies.
In this regard, joint meetings were held to acquaint the brokerage companies with the legal requirements of the Central Depository Company and it was decided to invite the heirs to file a case by referring to the selected brokerage companies.
Yesterday, Ehsan Khandozi – economic spokesman of the government – announced: We have good news for the families of the deceased who have been waiting for more than 15 years to determine the justice shares of the deceased. From the coming days, focusing on non-attendance methods, the representative of the heirs can refer to the introduced systems and resolve this issue.
The justice shares of the survivors will be determined soon
Also, in response to a question about the latest status of granting equity shares to the survivors, he said: This task was assigned to the government from last year’s budget law. In this context, a draft was prepared, but due to some objections in the government board, it was recognized as needing correction.
The economic spokesman of the government continued: This year, considering that the government has this task in the budget law, it has considered a stock portfolio for about 4.5 million people covered by support institutions without equity shares and 10 million per person. We have determined the amount of shares, and we hope that this portfolio will soon be determined by the government.
This is despite the fact that in the middle of last month, Majid Eshghi – the head of the stock exchange organization – said that the payment of equity dividends will probably be done on the same dates as last year, and accordingly, we should wait for the deposit of the first phase at the end of December 1402 and the payment of the second phase at the end of March. .
Source: ISNA