Name Change in share certificate in Imphal is a simple process. Anyone can change their name in the share certificate by sitting at home.
The world knows one by his or her name, and thus it becomes the means by which a person is identified. The names have a deep meaning and also represent one’s culture. “How to Name Change in Share Certificate in Imphal” explains the steps in detail for changing a person’s name in share certificate in Imphal.
People see a lot of things in their daily lives; anything could persuade them to change their name. Even a letter change results in a name change. This involves filing of many application forms for continuing with such procedure. The procedure for such a name change is a bit complicated in Imphal. There is a lot of documentation that has to be completed for such a change.
What is a share certificate?
The legal document that a company issues to the shareholder are called the share certificate. The share certificate is issued to the person who has purchased some shares of the company. This document has the proper information regarding the number of shares held by one person and the ownership of the shareholder. These certificates are also available on digital devices in pdf format. The following details contained within the share certificate in Imphal is as follows:
- Name of the shareholder
- Address of the shareholder
- Company’s name
- Company’s registration number
- The shares held by the person
- Certificate number
- The cost of acquiring shares
What can be done if a share certificate is lost in Imphal?
The shareholders also get lethargic regarding the share certificate, and at times they may even lose their certificate. The misplacement of such an important document can create a huge problem for someone. The shareholder also loses the original existence of their registered ownership and will have to apply for the new certificate with the registrar.
However, at such times, companies understand the problems a shareholder is suffering. Companies try to sort out this situation by issuing duplicate share certificates.
The necessary steps to be followed by the shareholders at such times are:
- The information about the misplacement of the share certificate should immediately reach the company office.
- This information can be passed to the company through an e-mail or a handwritten letter in Manipur.
- The letter or email should contain information regarding the shareholder’s name, share certificate number, and address.
The necessary steps to be followed by the company at such times are:
- The transfer power of the certificate in Manipur is immediately frozen by the company on hearing such news. This would prevent the misuse of the share certificate by anyone.
- A support system should be provided by the company. The shareholders are thus issued a duplicate share certificate to establish their identity. These certificates are sent directly from the company office.
A shareholder’s first step should be to file a complaint with the police. The shareholder is issued a duplicate share certificate upon receipt of the FIR and the complaint report about the lost share certificate. Many other application forms that have to be filled and submitted by the shareholders in 2023 are:
Signing the affidavit and indemnity bond
The affidavit and the indemnity bond agreement have to be prepared by the shareholder. The documents have to be notarized. The document must have the stamps affixed by the notary officials.
Stamp paper
The shareholder must purchase the stamp paper in his or her name.
Survey form
There are certain questions asked in the survey form that have to be answered. The form must be completed and handed back to the company.
Guarantor form
There has to be some guarantee provided by the shareholder in Manipur. This can be done by providing their identity proof. Documents like the PAN card have to be duly notarized by notary officials.
Other helpful documents
Documents like a salary slip, guarantor form, and valuation reports issued by the revenue authorities also have to be submitted with the company.
Proof of identity and address
The shareholders have to fill out their full name and proper address by themselves. The shareholders also have to get their copies of the PAN card attested. This is taken as address proof.
The documents mentioned above are submitted to the company through a letter or email. The mobile number also has to be written on the cover letter to provide the company with a point of contact.
The shareholder has to submit all the necessary documents and reveal all the important information to the company. The company, upon receiving the above-mentioned documents and information, can issue a duplicate share certificate. If the shareholder finds the original certificate, the duplicate one has to be returned to the company.
Documents needed to make a name change in share certificate in Imphal
Changing your name may sound like an easy process in Manipur. The real issue arises when it comes to putting it on official documents. SEBI demands a number of documents from the shareholder when they want to change their name on the share certificate in Imphal.
The name change process involves many critical deeds to verify the reason for such changes. Such documents are as follows:
- Request letter
The shareholder has to send a request letter. The letter must contain the reason for such a name change. The shareholders have to specify the exact reasons here. The letter must also contain the contact details of the applicants
- Affidavit
An affidavit is a document that defines the details of the name change request. The document also must contain the signature of the applicant or shareholder.
- Self-attested copy of PAN card
The applicant or shareholder has to submit a copy of their PAN card. The copy must be signed by the applicant.
- Gazette notification
The announcement in the newspapers about the name change is what the gazette notification does. The applicant can also present their marriage certificate at such times.
- The misplaced share certificates
If and when the original certificate is found, it has to be immediately returned to the company. At times, even a picture of the original share certificate works for the companies.
- Self-attested address proof
The applicant has to provide a copy of their address proof, such as their Aadhar card. This is also has to be duly signed by the candidate.
What is the process of getting a gazette notification in Imphal by the government of Manipur?
- The applicant has to prepare an affidavit with a stamp fee of Rs.50/-. The local notary public of Manipur has to notarize it. The affidavit must contain the major reasons for the name change in share certificate in Imphal.
- The applicant’s name change must be publicized in both the vernacular language and an English-language newspaper. This is done for the acknowledgment of the change made by the candidate.
- The shareholder or applicant owes one visit to the department of the publication. The person has to carry some things along with them. They would have to carry a copy of their PAN card, two passport-size photos, and address proof.
Several reasons for the name change on the Imphal share certificate
There are many reasons for changing one’s name on a share certificate. The following are a few of the reasons:
Divorce:
Marriage often doesn’t work for the couple, and they end up separating. The legal divorce process takes about a year. The woman or the man tend to change their name, as they earlier used their spouse’s surname.
Astrological reasons:
People in Imphal also have a great belief in astrology. The study of astrology often suggests that a person should add or remove a letter from their name. This causes people to change their names.
Change in religion:
When a person converts to another religion, they tend to adopt a name that is familiar to that community. Although, this is not necessary and depends on one’s choice.
Child adoption:
When a child is adopted, the parents tend to share their surname with the child.
Dissatisfaction with one’s own name
There are times when a person is not satisfied with their own name. They may not like its meaning or the way it sounds. This becomes a reason for changing their name.
Imphal’s procedure for changing the name on share certificates
There are several steps that must be followed properly in order to complete the procedure of making the necessary changes. The following are the key steps:
The above-mentioned steps are discussed in detail below: –
Stage 1: Name change affidavit
The person who wants a name change on their share certificate in Imphal has to prepare an affidavit. The affidavit must have all the necessary information about the old and new share certificates. The reason for doing so must also be included. The age of the person and the address also have to be mentioned in the affidavit.
Stage 2: Publish a name change ad in a newspaper
After completing the first stage, the person changing their name must publish an announcement in two newspapers. The relevant information has to be published in vernacular and English language newspapers. The crucial points one should remember when completing such a newspaper advertisement are:
- Shareholder’s new name
- Shareholder’s old name
- Change date
- Shareholder’s address
The information furnished should be revised by the applicant. It should be correct to the best knowledge of the applicant. At such a time, even a small problem can cause great damage to the procedure. This step has to be carefully carried out because the name change in share certificate in Imphal depends upon this stage.
Stage 3: Gazette publication
There are several documents to be submitted to the department of publication in Delhi for the name change in the share certificate in Imphal. One should refer to the following notes:
- The affidavit for name change containing the reason for the name change has to be notarized.
- If the person changing their name is a foreigner, then the documents required have to be submitted to the Indian embassy.
- Hard copy of the newspaper publication
- Name change hard copy has to be filled out according to the format.
- The information also has to be stored in soft copy on a CD.
- Two self-attested passport sized photos
- One self-attested photo ID proof
- A document that declares that the information provided in the hard copy and soft copy is the same. This document has to be self-signed by the applicant.
FAQs
Why is a newspaper ad required after the name change in share certificate in Imphal?
The announcement made by the person in the newspapers acts as legal proof. It informs the rest of the world about the candidate’s new name.
Is an affidavit a required document in such procedures?
Yes, an affidavit for name change is the most critical document because it provides the reason, age, address, and new name of the person. it is a very important document for name change in share certificate in Imphal.
What are the reasons for which people tend to change their names?
There are several reasons for which one tends to change their name. A person changes their name because of a new marriage, divorce, gender change, etc.
Also Read:
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- How to Change Name in Birth Certificate in Maharashtra
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