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Company Proprietor (on Title) - Share Certificate ownership

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  • Re: Company Proprietor (on Title) - Share Certific...

Company Proprietor (on Title) - Share Certificate ownership

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KimHensle
KimHensle
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on ‎02-08-2019 11:02 AM

on ‎02-08-2019 11:02 AM

Company Proprietor (on Title) - Share Certificate ownership

My Vendor client owns 100 shares in a company Title by way of a Share Certificate.  He is not registered on Title, but his mortgagee has a registered Caveat to protect their interest.  My question is as we are selling, how do I open a workspace?   I don't act for the registered owner (being the company).  I'm not sure what my role is here?  Can anyone help please??

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  • VIC
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GeorgePolus
GeorgePolus Star Employee
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on ‎02-08-2019 12:25 PM

on ‎02-08-2019 12:25 PM

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Re: Company Proprietor (on Title) - Share Certificate ownership

Hi Kim

 

Company Share titles are not eligible for electronic lodgement.  Dealings with Company Share titles must be directed to paper.

 

I am sure that the team at LUV will support you in this process. 

 

Please let me @GeorgePolus know if I can be of any assistance.

 

Regards,

George

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GeorgePolus
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on ‎02-08-2019 12:25 PM

on ‎02-08-2019 12:25 PM

Solution

Re: Company Proprietor (on Title) - Share Certificate ownership

Hi Kim

 

Company Share titles are not eligible for electronic lodgement.  Dealings with Company Share titles must be directed to paper.

 

I am sure that the team at LUV will support you in this process. 

 

Please let me @GeorgePolus know if I can be of any assistance.

 

Regards,

George

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