Can I as a sole holder of the share certificates add one more name as a joint holder at the time of dematerialising share certificates?
Ans: No. However, this can be done by opening an account as the sole holder (account A) and dematerialize the share certificate. Then you need to open another depository account (account B) in which you are the first holder and the other person is the second holder. and make an off market transfer of the shares from the account A to account B. You will have to incur a charge on this transaction.
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- Can a sole holder of the share certificates add one more name as a joint holder at the time of dematerialising his share certificates?
