I have approached a share transfer agent (RTA) for dmat of physical shares. Please note below :
- share certificate is jointly held by my father and mother and it shows my mothers maiden name (before marriage) as 1st joint holder in one certificate and 2nd holder in other certificate.
- my mother has expired and the death certificate is in after marriage name. (before marriage and after marriage name are different)
- there is no marriage certificate
- my father has made affidavit Affidavit duly notarized on Rs. 100/- Non-Judicial Stamp paper confirming that two names are of one person only.
Please clarify below :
The company registrar has asked me to get succession certificate.
Since the share certificate are jointly held and one holder has expired, it is normal transmission and dmat case. As per my understanding succession certificate is required only if share certificate is in sole/single name.
Why they have asked succession certificate ??
Please reply soon
Parry
