No, we do not require you to sign a Power of Attorney. However, in order to effectively process, complete, and submit applications on behalf of shareholders, we do require the signing of a “Terms of Engagement” agreement. This agreement grants CMS the authority to represent shareholder applications with companies, transfer agencies, and registrars. It is important to note that we do not sign any documents that require a specimen signature, such as transmission forms, NECS forms, Demat forms, etc., on behalf of shareholders, even for foreign clients. Shareholders can review & verify the “Terms of Engagement” agreement from their respective lawyers or chartered Accountants with us before singing.
No, according to legal regulations, the shares will be divided equally among the legal heirs of your late brother.