A person is identified and well-known by his or her name. The name of the person provides them with a unique existence. The phrase “how to name change in share certificate in Bhopal, Madhya Pradesh” defines the exact procedure by which one can edit their name on the share certificates.
Many situations make people change their name on the share certificate in Bhopal, such as their marriage, their comfort with the name, etc. Some particular steps and procedures must be followed to change one’s name on the share certificate.
Name Change in Share certificate in Bhopal
A share certificate is a written legal document that represents one’s ownership in a company or the number of shares held by that person. Digitalizing many important documents has led to the rise of digital share certificates in Bhopal, India. The share certificate contains many important pieces of information regarding the company and the shareholder, which include:
- Certificate number
- Shareholder’s name
- Shareholder’s address
- Company name
- Registration number
- face value of the share
Name Change Procedure in Share Certificate in Bhopal
Here is the procedure to change your name in share certificate in Bhopal. The share certificate is a crucial document that one must maintain and keep safe if the person has the physical form of the share certificate. But there are times when people tend to lose or misplace their share certificate in Bhopal. This may cause many problems for the person, as there is a very long and complex procedure for getting a new or duplicate share certificate in Bhopal.
But the companies are aware of the problems faced by their shareholders, so they have a particular procedure that one has to follow to get a new or duplicate share certificate in Bhopal:
There are particular steps a shareholder has to take when they have lost or misplaced their share certificate in Bhopal:
- The company should be immediately contacted and informed about the lost share certificate.
- The information regarding the lost or misplaced share certificate in Bhopal can be communicated to the company through a letter posted to their address or by email.
- The details, like the share certificate number and its folio number, must be provided to the company by the shareholder.
There are particular steps a company has to take when they receive any information regarding a misplaced share certificate in Bhopal:
- The company must block the share certificate for at least 30 days as soon as it receives any information regarding the misplacement of the share certificate in Bhopal.
- After completing such things, the company has to communicate with and guide the shareholder to issue them a duplicate share certificate.
Documents are required for a name change on a share certificate in Bhopal:
One can change their name casually in their home, but making it official will require certain steps and procedures. Changing one’s name on the share certificate in Bhopal is also quite a complex process, as one needs to submit many documents as demanded by the set guidelines of SEBI.
The following documents that are to be submitted by the shareholder to receive a new or duplicate share certificate in Bhopal:
Affidavit
For name change process affidavit submission is required. This document includes all legitimate reasons for changing one’s name. The document has to be self-attested and submitted to the company.
Request letter
The letter has to explain a logical reason behind such a decision to change the company’s name, as the company needs to understand this before moving forward with its procedure.
Gazette notification’s attested copy
The gazette is the publishing process for the new name of the shareholder. In such cases, one can also use their official marriage certificates.
PAN card’s self-attested copy
A signed copy of the shareholder’s PAN card.
Address proof’s self-attested copy
A signed copy of the shareholder’s driver’s licence or Aadhar card
Original share certificate
The shareholder has to provide the company with their original share certificate in case it is found anywhere after its misplacement.
There are some steps that have to be followed to get the gazette notification in Bhopal:
- The affidavit has to be made on Rs. 50/- stamp paper, which has to be notarized by the local notary public of the state. The affidavit must contain the reason for the name change.
- The advertisement regarding the name change on the share certificate in Bhopal has to be published in two newspapers—one in the vernacular language newspaper and the other in the English language newspaper.
- When visiting the publication department, the shareholder must carry the important documents’ self-attested copies, like a PAN card, address proof, and two passport-sized photos.
- The shareholder will have to pay around Rs. 1000 in Bhopal to have the name change printed on their share certificate.
Reasons for the name change in share certificate in Bhopal:
The changing of names is very common in this city. There can be many reasons, like religious beliefs, marriage, etc. The name change in share certificate in Bhopal can be done with the following justifications:
The reasons for the name change on the share certificate can be:
Marriage
This is a situation where the man or woman often changes or adds a new surname, which leads to a change in their whole name. This often leads them to change their name on the share certificate in Bhopal.
Divorce
The separation of the two often leads both the man and woman to change their surname in order to take back their original name. This leads to the change in name on the share certificate in Bhopal.
Marriage of a widow
When getting remarried, the widow wants to take up her new husband’s surname. Now, this can cause a name change in the share certificate in Bhopal.
Religion change
Bhopal is a city where people of different religions live together. One might think to change their religion if convinced by their thoughts. This will make the person change their name on the share certificate in the city.
Change of gender
There are times when a person explores himself or herself in order to know their reality. This may lead to acceptance and gender change in the city. This may also cause the person to get their name changed on the share certificate in Bhopal.
Adoption
When people adopt children from orphanages, they often treat the child like their own and give him or her their surname. This might make them change the name on the share certificate in Bhopal.
Astrology
Astrologers suggest people add letters to their name to have a good time in the future. People in the city are very religious and spiritual. This often becomes the reason for them to change their name on the share certificate in Bhopal.
How to change names in the official gazette?
Here is name change process in Official Gazette. There are certain steps to follow while changing the name on the share certificate in Bhopal and getting it published in the official gazette of India.
The steps mentioned below will be discussed in depth: –
Step 1: Name change in the affidavit
An affidavit is considered to be an oath. It is a declaration statement in which one declares something true to their knowledge. The affidavit must contain all other information about the shareholder, such as their age proof. The shareholder has to follow the procedure mentioned below while preparing an affidavit:
- The shareholder has clearly identified the name they want to change, which is their old name, and mentions their new name specifically with the correct spelling.
- The address of the shareholder must be mentioned in the affidavit. The address has to be the same as the one in their address proof.
- A passport-size photo has to be affixed to the affidavit document.
- The name change in Bhopal would require a stamp paper of Rs. 10/-, Rs. 5/-, or other minimum value along with the affidavit.
- The affidavit has to be signed by two gazetted officers of equal rank and duly notarized by the notary office.
- The shareholder must keep a copy of the affidavit for future reference.
Step 2: Publish the name change Ad in the newspaper
When the shareholder completes the requirements of the primary stage, the shareholder has to move on to fulfil the requirements of the secondary stage. The shareholder has to get the name change on the share certificate published in Bhopal in two newspapers: one in the vernacular language paper and the other in the English newspaper.
The important information that must be printed in the newspaper publication is:
- Shareholder’s new name
- shareholder’s old name
- Shareholder’s address
- Shareholder’s age
- notary’s name by whom the affidavit was attested
- shareholder’s father’s or husband’s name
- Change date
The information provided to newspaper publications should always be checked and reviewed once. This is done to ensure that the information provided to the newspaper publication is true or correct to the shareholder’s knowledge.
Step 3: Gazette Publication
After fulfilling the above-mentioned steps, this is the most important stage of changing the name on the share certificate in Bhopal. The shareholder has to get the name change information printed in India’s official gazette. This is done by sending an application with well-structured details.
The details that the department demands of publication are as follows:
- The name change affidavit has to be notarized.
- A hard copy of the newspaper publication
- The hard copy name change has to be submitted as per the format
- In the case of a foreigner, one has to submit their details to the Indian embassy or the Indian high commission.
- The shareholder should keep a soft copy. This could be saved on a CD.
- The people working with the government have to compile the submission of the deed for name change in accordance with the home affairs ministry.
- A demand draught is drawn for the controller of publications in Delhi. The demand draught can be for Rs. 1100 in major or Rs. 1700 in the minor.
- Two self-attested passport-size photos
- One self-attested photo ID proof
- A self-attested document by the shareholder states that the information contained within the soft and hard copies is the same.
Changing Your Name Online in Share Certificate
You can change your name on your share certificate by contacting Yourdoorstep. The company will take care of everything regarding your name change. You need to provide him with your details, and he will take care of the rest. Your name will be changed in your share certificate at a reasonable price.
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