Joint holder

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Sonal Saxena (Querist)
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11 January 2011 Whether in case of joint holding of shares, in company's record in whom name share will be recorded?

If first holder is having another share in him alone name than he will be counted a single share holder or separate for joint holding and alone holding?

Sunil Kr. Sanganeria

Sunil Kr. Sanganeria (Expert)
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11 January 2011 The Company will record the shares in joint names and at the time of selling both the joint holders have to sign to effect the transfer.

If the shares are of a Quoted company and compulsorily in DMAT form. In that case a person has to open DMAT a/c in Joint names