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Legally, I don't think your friend can do much until his children come back home and transfer the shares to his name.

However, in Nepal, there is always a way.

mero saathile ek din ma sanga yeutaa gunaaso pokheko samjhanaa aayo, unko bhanaai ko summary yasto chha : :::::::::: naabaalak chhoraa-chhori ko naam maa kehi share pareko, tee naabaalak ko sanrakshyak maa uniharuko aamaa guardian bhayara form bhareko, aamaa kunai pani company ko dividend lina aaujaau garna dhaauna na sakne bhayako le tyo dividend lina jhanjhat behornu pareko, aba tee baalak naabaalak baata saabaalak bhayako bhaya pani sabai bidesh tira padhna gayakaa le jhan samasyaa thapoyako. tee share haru aba aafu arthaat baabu ko naam naamsaari garna paaya sabai jhanjhat samaapta hune thiya, nabhaya aamaa kai naam maa bhaya pni naasaari garna thikai hunthyo, kehi garna sakiyana, aadi aadi... //// //// .... ........ yasmaa expert ko advise kasto aaulaa, padhna mann laagyo ... ....

Thank u very much sir..

1. Get a "Natapramanit" from your "GaBiSa" or "Nagarpalika". If you have married sisters, they will not put them in the list.
2. Go to NEPSE, fill out forms, pay prescribed fees. Don't forget to take original share certificates.
3. Go to RTS. Pay for putting out "Paitis Dine Suchana". Don't forget to take original share certificates.
4. Wait. Because the RTS will only put out notice in bulk until they have "enough" to put out a notice. Of-course, enough is arbitrary in my opinion.
5. And wait some more. Most companies will take forever to process the shares.

kindly throw light on how can shares be transferred between family members....I will be very thankful !!