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

Good-debt-vs-bad-debt-What-the-difference

Good Debt Vs Bad Debt: What’s The Difference?

Introduction Debt is a part of many people’s lives, whether it’s taking out a loan for higher education, buying a home, or starting a business. But not all debts are created equal. Some de...

KNOW MORE

July 5, 2024

Are You Eligible for a Tractor Loan? Find out Now!

If you are in an agricultural business then you know it more than anyone else how important owning a tractor is. The tractor not only simplifies your farming job but it also helps add productivity to ...

KNOW MORE

June 29, 2023

Offline-vs-online-business-loan-Which-one-to-choose

Offline Vs Online Business Loan: Which One To Choose

When it comes to securing a business loan, convenience and efficiency are important. That’s where online business loans come in handy. They offer a quick and easy way to borrow money without the...

KNOW MORE

June 17, 2024