Can a shareholder change his nomination?
A shareholder can change the nomination as and when he so desires. However, the rules do not prescribe any specific manner in which the variation or cancellation of the nomination can be made. In the absence of clear guidelines or rules, shareholder can change the nomination by a letter revoking his old nomination and submitting Form 2B for change in nomination.
Related Questions
- The Power of Attorney holder is not allowed to sign the nomination form on behalf of the shareholder. Does transmission of shares to nominees attract payment of share transfer stamps ?
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- Can a shareholder change his nomination?