Name Correction in Share Certificate

When one or more of the shareholders amongst the joint holding abscond and lose their trace or deceased. The name deletion can only come into effect after producing the death certificate of deceased holder and subsequently the shares will be claimed or recovered to the surviving shareholders in case where there is triple joint holding or dual joint shareholding.

 in few of the shareholders amongst the joint plot, they own DMAT (dematerialized) accounts or DP (deposits participants) or their joint shareholding to get a changeover to be completed into a single shareholder/shareholding.

This occurs after marriage; it is a stage wherein the name of the shareholder in the company records is before marriage.
We can update a shareholder's name in company records through a gazette notification or marriage certificate.

Investing in the equity shares of several companies collectively is a good idea, but the name deletion in share certificates or change can be done after producing relevant documents, such as a death certificate or absconding report of the missing shareholder, from the law-enforcing authorities. According to the law, the number of shareholders allowed in the joint shareholding lot is a maximum of 3. Even during the process of deletion of a name, a new member can also be added as a potential shareholder if all relevant documents are submitted at the same time. The name deletion in share certificates or name updating on the share certificate takes place only after due verification by the authorities.

The "Shares Recover" team can resolve all your problems related to name deletion in share certificates or name updation on shares or in the records of the company as desired.