How can the share purchased jointly be resolved when there is a divorce case pending before the court?
The asker of the question requested me to reply this question, considering his age & situation I reply it best of my ability. The fact this matter is already sub-judice & the issue relating to property including the jointly owned Share of some company must be in question along with the issues of income of both parties & the amount of alimony to be allowed in the case, this matter should be best discussed with the lawyers you engaged for your court cases. Anyhow the fact of the case relating to issue of jointly owned Share of some company has been asked here & how the husband can dispose of these legally without bring the co-owner wife. Firstly the Shares which are held jointly if are in paper form should be first converted to Demat form as nowadays the dealing of Shares & Stocks are through Demat Account & form not paper form. For the purpose of converting these Paper Shares in to the Demat form the signature of both parties required. At the time of converting these Shares to Demat for
