How can I remove a deceased shareholder and officeholder?

Question

How can I remove a deceased shareholder and officeholder? Who should sign on behalf of the deceased?

Answer

The 484C3 Transfer of Shares form can be used to remove a shareholder whether they are deceased or not. Once the form is lodged the shareholder will be ceased. This form can be found by navigating to Menu > Corporate Messenger > Companies > click 'See Full Profile' > click Share Management.

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The 484B1 Cessation of an Officer form, can also be used to remove a deceased officeholder. You would need to select another officeholder to sign to authorise the change. Otherwise you can use the Online Editor to update the minutes/resolution to reflect the authorised person to sign on behalf of the deceased. This form can be found by navigating to Menu > Corporate Messenger > Companies > click 'See Full Profile' > Detail Changes.

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Note: A legal representative would sign on behalf of the deceased, such as the executor.

 

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