Get 3 Yrs of CCI Pro Membership at Greater Value. Subscribe Now!

Query

Save Share

Join Us Follow Us Add as Source

This query is : Resolved

Report Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

24 February 2011 Dear All

Request you to please solve my query, which is as follows: -
I have 60 shares in joint name with my brother, in physical form, now i want these shares to be divided to both of us equally in physical form.

Request you to please let me know what is the procedure for it??

Thanks & Regards

Sunil Kr. Sanganeria

Sunil Kr. Sanganeria (Expert)

24 February 2011 You have to send these shares to Copmpany for subdivision of one certificate of 60 shares to 2 certificate of 30 shares each.

After receiving shares you tranfer that a certificate of 30 shares to your brother by submitting transfer deed duly filed up and stamped to the Company

Querist : Anonymous

Querist : Anonymous (Querist)

24 February 2011 No cant we ask for division of these shares into 30 in favour of me and 30 in favour of my brother directly y the compay's Registrar & Share Transfer Agent and thereafter convert into demat form??

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now