Name Change In Share Certificate In Nagaland

The process of Name change in share certificate in Nagaland took a long time. It is common for people to change their names for a variety of reasons. You should change your name on your share certificate if you have already changed it in other legal documents.

You have to fill proper application form for your name change. Read this article properly you will get the full guide for change name in share certificate in Nagaland.

For document verification, you must visit your district registrar office. The process of name change can be lengthy, but you can contact Yourdoorstep and they will take care of everything for you.

What is Share Certificate?

A share certificate is a legal document that documents your purchase of shares from a certain company. It is only through this certificate that your purchase of shares could be legalized. A share certificate must contain the number of shares bought, the name of the buyer, the name of the company, and the signatures of both the parties.

There are two types of share certificates that are presented based on the kind of share purchase. There are:

Registered Share Certificate:

This type of share certificate symbolizes the purchase of the shares by the person. And that is the only thing this certificate specifies. Having this certificate does not give your ownership over the rights to use or sell the shares. This certificate provides authority but only on paper.

Bearer Share Certificate:

Bearer Share Certificate does not only give the person ownership over the shares but also the authority to use or sell them whenever and to whoever they want to. It gives the owner full rights over the purchased shares.

Importance of share certificate

A share certificate is the only document that can legally certify your claim over those shares. Without this certificate, anyone can take over your shares, and you would not have any legal rights to stop them. If, in the future, you wish to sell your shares, this document is essential for the new buyer to know the authenticity of your offer. Thus, without a share certificate, you do not have any legal rights over the purchased shares.

There have been many instances where people have changed their names in share certificates in Nagaland. The name change process can happen both online and offline following a few simple yet important steps. All the steps and documents required are certified by the Securities and Exchange Board of India. The process can become confusing, so it is important that you read all the steps and instructions carefully.

Requirements For Name Change in Share Certificate in Nagaland

Below are the Eligibility to change of name in Share certificate.

Applicants must be Indian citizens.
The applicant must have a valid government ID.
A valid reason should be provided for the applicant’s name change.
Gazette Notification should be published.

Reasons for Name Change in Share Certificate in Nagaland

Reasons to Apply For Change Name in share certificate in Nagaland

There are various reasons to justify why a person wants to change name in the share certificate in Nagaland. Here are some of the common reasons why people change their names:

Due to religious beliefs

There have been cases when people have changed names because they have started to follow a different religion. Another religious reason can be that the priest has said that their name is not suitable for their destiny and have to change it. It can be due to any religious beliefs that a person holds.

Marriage or divorce

This reason is applicable only to women as only women have to change their name after marriage or divorce. If a woman wants to change her name to her husband’s name, she can apply for a name change in the share certificate through any government office or online portal.

Not happy with the name

Some people do not find their name to be the best fit for their personality and want to change it later on. A person might not like the name given to them at their birth and want to change it to something that they think describes them the best. People can change their name on the share certificate in Nagaland due to this reason as well.

Have changed their gender

Due to this reason, many people have come forward to change their gender. Changing the gender means changing the name as well. People apply for the name change process in the share certificate due to this reason as well.

Spelling errors

Government officials are heavily loaded with work, hence it is possible for them to make errors sometimes. Many times people get their spelling wrong in the certificate and have to apply for a new certificate with the right name. They can use the steps mentioned below to change their name in the share certificate in Nagaland.

Step by Step Name Change Procedure in Nagaland in Share Certificate

Documents required for name change process in the share certificate in Nagaland

In order to have a smooth process of name change in the share certificate in Nagaland, make sure you have the following documents with you. These documents are essential to verify your details and have a quick process.

The documents required are:

Request letter mentioning the reason for changing your name
Your Affidavit
A xerox copy of your address proof. This ID proof should be a verified document issued by the Government of India.
A xerox copy of your PAN card as issued by the Government of India.
If your reason to change name is because of your marriage, attach a xerox copy of your marriage certificate.
Original and xerox copy of your original share certificate that you wish to make modifications in.
Proof of identity like passport, Aadhar card or Voter ID etc.

If you are applying using the online method, make sure you save these documents in a JPEG format, as the portal does not accept any other format of the file. And, if you are doing the process through offline mode, make sure you have more than one copy of the document for a smooth and clear process.

Name change Procedure in Nagaland in Share Certificate:

The name change process in share certificate in Nagaland can be done using the following methods:

Here are the steps to change your name in the official Gazette of Nagaland:

Name Change Affidavit

For changing your name in the share certificate in Nagaland, one has to follow a specific procedure. The procedure starts with finding a notary. A notary is someone who verifies and legalizes the documents required for the name change process.

In order to complete the process with the notary, follow the following steps:

Submit your request for the name change to the notary.
It is the notary’s job to mention the value of the stamp paper on which the affidavit is notarized.
You must provide the notary with the following details: Your new and old names, your current residential address, as shown on your ID proofs, and your reason for changing your name.
The affidavit would be printed on a plain stamp paper, so it is important for at least two witnesses to sign the document. This makes the document legal.
If you work for the central Government of India, then your name change process would be handled by the Ministry of Home Affairs. You are advised to contact them.
When changing your name, a married woman must provide the following details: the name she wishes to change, the name of her father, and the address of her father. In addition to your new name, please include your husband’s name and address, as well as the date of your wedding.

The address should be the same as the one mentioned in the official ID proofs of the respective individuals.

It is important to mention both your new and old name in the Affidavit. Through this process, you can change your surname, first name, or just a few letters of your name.

An important point to note for an NRI applicant is that they have to get a deed provided by the Indian High Commission of the Indian Embassy.

2. Publishing an advertisement in the newspaper.

You have to send your details to the local newspapers for publishing. This is done to make sure people know about this change, and they can address you accordingly. It is also a way to legalize your name change process in the share certificate in Nagaland.

The advertisement should contain the following details. These details are not optional, and they have to be sent.

Your residential address as in the ID proof.
Your date of birth
The name you have changed
The new name that has been legally certified
Name of the notary or department who finalized the process
Affidavit’s location and date.

In order to complete the process, the applicant has to publish the advertisement in two newspapers.

The advertisement should be published in the local newspaper of Nagaland. The language should be what is locally used in the state. The second advertisement should be published in the local English newspaper.

By a Gazette Notification

Your name change process in the share certificate in Nagaland can be legalized only if it has been published in the Gazette. The applicant has to submit their application along with the advertisement to the Gazette official office. The officials will check the documents and pass it over to the department responsible for the name change process. Your name will be successfully changed after approval.

Usually the Gazette publication takes one or two months. It depends on the workload and the authenticity of your documents. Once you receive your Gazette, you can download and save it on your device. The message would be sent through the Digital Directory of India.

Once you receive your Gazette, you can officially use your new name in front of others and while doing business. Make sure you do not use the old share certificate anymore for your share transactions.

Fee For Name Change In Share Certificate

if you want to change your name in share certificate in Nagaland, You can contact Yourdoorstep. They are the best name change agent in Nagaland. In Nagaland Rs 999 for the name change service. They will provide update on email about your name change. Visit yourdoorstep and explore our services, choose us for your name change.

Faq

Is the name change process in the share certificate in Nagaland legal?

Yes. The name change process in the share certificate is legal not only in Nagaland but all over India.

What happens if you submit the wrong documents?

Submission of wrong documents may lead to rejection of the application. There is no need for panic, you can rectify your mistake and resend your application.

How long does it usually take for a name change process in Nagaland?

The complete name change process can take about three to four months. Your name change process is complete after you have received your official Gazette publication.

Can one change their name without a witness?

It is essential for you to have a witness during the name change process. The witness can be anyone who is independent and not a minor. You can take your parents, husband, friend or even your neighbour.

How to Name Change in Share Certificate in Nagaland In Rs.999