login-icon
mahindra-finance-logo
login-icon
  • English
  • Hindi
  • Bengali
  • Marathi
  • Telugu
  • Tamil
  • Gujarati
  • Kannada
  • Odia
  • Malayalam
  • Punjabi
phone

Download App

Conveniently pay your EMIs, set payment reminders, view your loan details.

phone
|

The name of a joint holder was included only for convenience by the first holder. I am the only heir. Could you transfer the shares in my name as per the will/probate?

mahindra-finance-author

by Mahindra Finance

|

July 21, 2023

|

1 mins read

As per law, the joint holder is deemed to be having indivisible ownership of the joint property and the Company cannot ascertain as to how or why the name was included. As per the Articles of Association of the Company, the surviving joint holders are the only persons recognised as having title to the shares.

Related articles

Why Vishwakarma Puja Is The Best Time To Upgrade Your Machinery

As an entrepreneur, you know the festive season, especially around Vishwakarma Puja, is the busiest time of the year. Consumer demand spikes, and you need to ramp up production to meet the surge in or...

KNOW MORE

October 10, 2024

future-of-home-loans-in-india

The Future Of Home Loans In India: Trends And Innovations In Home Financing

Owning a home is a dream shared by millions of Indians. It represents stability, security, and a sense of accomplishment. However, securing a home loan can be daunting, especially for those living in ...

KNOW MORE

July 25, 2024

What Happens if You Break Your FD: FD Breaking Charges

Fixed deposits (FDs) are a popular investment option in India due to their security and attractive returns. However, there may be instances where you need to break your FD before its maturity date. In...

KNOW MORE

February 29, 2024