Can any one tell me if an existing shareholder wants to add a joint holder with him what shall be the procedure for the same Thanks in advance
Best Regards
Nidhi jain
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Procedure for existing shareholding to joint shareholding
Replies (1)
Hi Nidhi,
For adding joint name, the shareholder has to execute a transfer deed, duly stamped (0.25% of consideration) and submit the same to the Company’s R&TA for transfer. Such addition of name amounts to change in ownership of shares and the overall procedure for transfer has to be followed.
Regards
Jaideep Pandya
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