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Transfer a deceased's share in a Sdn Bhd company

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asked on Aug 28, 2003 at 00:15
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edited on Jun 16, 2018 at 08:49
 
X company is a Private Limited Company (Sdn Bhd), one of its shareholder passed away and his beneficiary is claiming the share from X company.  The beneficiary obtained the Jadual Tiga (Issued by the native court, Sabah) stating that he is entitled to the share and didn't mentioned who the executor of this transaction is. Now the question is who is the executor?
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3 Answers

answered on Feb 20, 2004 at 13:46
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edited Jun 16, 2018 at 08:49
 
The settlor (the deceased person) could well have also been executor of his estate. What claim do you seek to make and how would you support your claim. That I think is a more important question.

If the deceased did have a valid will then the will would contain provisions as to how his/ her share in that SDN BHD is to be disposed of at the time or after his/ her demise.

Now that the event has to come to pass, the will or any other evidence either oral (parole) or written, that could cast doubt on the provisions of any will will be considered by a competent court in deciding whether or not to entertain any claims other than that arising out of the will if there was one.
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answered on Oct 20, 2008 at 05:33
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edited Jun 16, 2018 at 08:52
 
Once the transfer of shares are done, Form 32 filled up and stamped by Lembaga Hasil Dalam Negeri (LHDN), do we need to inform/lodge to Registrar of Companies (ROC) (now known as Suruhanjaya Syarikat Malaysia (SSM))?

Thank you in advance for your help.
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answered on Jun 4, 2018 at 11:59
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edited Jun 16, 2018 at 08:53
 
@sally, no, no need to lodge with the Companies Commission Malaysia (CCM) (Malay: Suruhanjaya Syarikat Malaysia (SSM)).

You need to give the stamped documents to the company secretary.
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