What happens to the shares of legal heirs of a partner if the trade license expires before filing the case?

Question

Q: A company with 3 directors, and one of the directors passed away. If the trade license expires before the heirship case is filed, do the legal heirs' shares no longer exist? A: There are possibilities in which specific procedures and timelines might apply for claiming and transferring the shares…

Khaled Ebid · Accepted Answer

Normally, in most jurisdictions, legal heirs inherit the deceased owner's shares in a company even if the inheritance case hasn't been officially filed.

However, there are possibilities in which specific procedures and timelines might apply for claiming and transferring the shares.

We will discuss more about the possibilities to avoid their shares. share your WhatsApp number if you want to proceed.

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