Name difference in Demat account and Physical shares

#1
I have already seen this thread but need more detail. Hence putting question here:

I want to demat my father's physical shares. But the problem is that the name is different on shares and in PAN records.
The name in Demat account and PAN card is 'Sudhanshu Vakar Sinha'
The name printed on physical shares is 'S V Sinha'.

I want to know what is the procedure to demat these physical shares?

1) Should I put for name correction request on physical shares? Or
2) Should I put share transfer request from 'S V Sinha' to 'Sudhanshu Vakar Sinha'?

I know that I can demat these shares only after the name on shares is changed to that in PAN records / Demat account.
 

rkkarnani

Well-Known Member
#3
I have already seen this thread but need more detail. Hence putting question here:

I want to demat my father's physical shares. But the problem is that the name is different on shares and in PAN records.
The name in Demat account and PAN card is 'Sudhanshu Vakar Sinha'
The name printed on physical shares is 'S V Sinha'.

I want to know what is the procedure to demat these physical shares?

1) Should I put for name correction request on physical shares? Or
2) Should I put share transfer request from 'S V Sinha' to 'Sudhanshu Vakar Sinha'?

I know that I can demat these shares only after the name on shares is changed to that in PAN records / Demat account.
My view : Seek correction of name , with an Affidavit declaring both name are of the same person! First write to the Company and seek their Format of Affidavit for this purpose.
 

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