Change Name in Share Certificate in Telangana in Just Rs.999

Here is a complete guide to Change Name in Share Certificate in Telangana. A share certificate is a legal document representing ownership of a specific number of shares in a corporation. It serves as proof of ownership and is usually issued by the company when an individual or entity purchases stock.

The certificate typically lists the name of the shareholder, the number of shares owned, and other important details such as the date of issuance and the company’s name and stock symbol.

A share certificate with your name is an important document for shareholders in India. However, if your name changes due to marriage, divorce, or any other reason, you should change the name on your share certificate to reflect the new name.

This article will provide a step-by-step guide on how to change name in share certificate in Telangana, India. The article will also help you understand what documents are required to change the name and why the changing name is important.

Process to Change Name in Share certificate in Telangana

The process to change a name in India on any legal document is the same across the country. The certificate bearing your name holds the validity of your eligibility to participate. You need a supporting document to change your name on any legal document.

Name change in share certificate in Telangana is a simple procedure that could be done hassle-free with correct and essential documents.

It is necessary to obtain a certificate indicating the change of name in India.
The procedure for changing the name involves filling out the necessary forms and paying a fee.
A notification of the name change should be published in a newspaper.
To transfer a share certificate, the buyer and the seller must register the transfer.
The fee for issuing a new share certificate can vary depending on the company and the jurisdiction.
The requirements for changing the name on a share certificate may include proof of identity and a court order.
In Telangana, registering a name change with the relevant authorities must be followed.
A fee may be required to be paid for the issuance of a new certificate with the updated name.
The name change should be notified in a widely circulated newspaper for legal purposes.

Documents Required for Name Change in Share Certificate in Telangana

Documents required for changing the name in a share certificate in Telangana?

To Change Name in Share certificate in Telangana the following document is required by the competent authority. This document acts as a supporting document in your regards to changing the name in the share certificate. The following documents could be resourceful when you are applying for a name change in Telangana state.

An affidavit bearing your old name, the name you want to change to, your residential address, and the purpose of the name change.
Providing a valid ID issued by the federal or state government, an employee ID card from any public sector organization, or a board certificate displaying your correct name.
Valid address proof like voter card, aadhaar card, electricity bill, or any other utility bill bearing your correct name and address.
A passport-size photo.
You will get a fee payment receipt or fee challan upon paying the requisite or prescribed fee.

Procedure of Name Change in Share Certificate in Telangana

How do get you your name published in Telangana State Gazette?

The publication of your name in the state gazetteer holds and binds the legality of your name across the nation as well as in the respective state. You can get your changed name published by doing the following.

Name Change Affidavit

A change of name begins with the creation of a name chnge affidavit and its authentication. You must include the new name, the old name, and the reason for changing your name in the affidavit.

Newspaper Ad publication

A newspaper must be published after an affidavit is made. Ads will be published in two local newspapers, for example, one in Telugu and one in English.

Gazette Notification

A change in name must be notified to the Indian Gazette by the applicant. In order to do so, you need to write an application and include a draft of the fee demand.

Within 30 days of filing the application, the new name will be published in the official gazette.

A certificate of name change is required to change the name officially.
You can share a copy of the document with relevant parties after the name change has been registered.
The procedure to change the name involves submitting an application and following the prescribed steps.
To transfer ownership, a legal document such as a deed is required and must be filed with the state.
The state shall issue a notice to the advice of the name change and its approval.
A fee may be charged for the registration process, which is required for a legally recognized name change.
Proof of identity and other supporting documents may be requested during the name change procedure.

Eligibility to Change Name in the Share Certificate

To fulfill the Change Name in Share certificate in Telangana following criteria should be met by the applicant.

The registrar must verify a change of name on a share certificate, and notification must be published in a newspaper.
In Telangana, a new certificate shall be issued after a change of name has been made and the old name is replaced with the new name in India.
Hyderabad residents who need to transfer ownership of their share certificate to another person must obtain consent and retain all required documents for six months.
The Secretary of the corporation must verify that all necessary formalities have been taken care of, and a receipt shall be issued for the advertisement of the change of name in the newspaper.
The Revenue department in Bangalore has made it mandatory to advertise the change of name in a newspaper within 15 days of getting the new certificate.
The Registrar of Companies (ROC) must verify the authorized capital’s change of name and allotment before issuing the new certificate.
To avoid punishment, the entity must retain the required documentation for six months and kindly maintain the formality of verifying the change of name through the ROC web service.
An advertisement announcing the name change must appear in a newspaper before the Secretary of the Ltd Company can make changes to the authorized capital.
If the share certificate has pending changes, the entity must verify the change of name and make sure it belongs to the husband’s name before six months have passed.

Who can apply for the change of name in the share certificate?

Anyone aged 18 and above and holding a share of a company or an entity can apply himself or via a legal representative. And in the case of a minor, this could be done by his or her parents or legal guardian.

How to apply for a name change in the share certificate in Telangana?

An applicant has to apply for a name change with the registration and stamp department of the Telangana Government in a prescribed format or available application form. With the application, all essential documents should be attached to be verified by the department’s competent authority/authorized personnel.

What advantage of a name change in share certificate?

What advantage can one get by changing his or her name on the share certificate? Following benefits one can get by changing his or her name.

The name of his or her could be corrected, verified, and updated in the government records.
Then corrected or changed name could be verified and updated by the company’s authorized personnel or competent authority in company records whose share is held by the shareholder whose name sought to be.
Upon submission, a renewed certificate with the changed name or corrected name should be issued to the shareholder by the company.
The company secretary could be able to make necessary changes to the company’s authorized capital.

Some Frequently Asked Questions

How important is it to change your name in the share certificate?

Ans. It will only matter a little if your name is correct; it is important to get your name changed and corrected in the official records.

How much time does it take to change your name in the share certificate?

Ans. It solely depends on the registration and publication department of the respected state and the company whose share is held by the applicant.

How much will I be charged to get my name changed on the share certificate?

Ans. As per the last record of Telangana state, 500 rupees for a name change or 0.5 % of the market value could be charged from the applicant and vice-versa.

How to Change Name in Share Certificate in Telangana?