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

Car Loan Process (Online Vs Offline): Which Is Better?

Introduction Dreaming of owning a car is not uncommon. However, the financial aspect of purchasing a vehicle may seem overwhelming. That’s where car loans come in, making it easier for you to tu...

KNOW MORE

April 26, 2024

How-to-plan-out-you-business-loan-repayments

How To Plan Out Your Business Loan Repayments

Your business loan application has been accepted, you’ve secured a business loan, and it’s time to turn your dream enterprise into a reality. However, repaying your loan as per the agreed ...

KNOW MORE

July 4, 2024

How to Choose the Right Business Loans Offering

Whether you are an entrepreneur or an existing business owner, it is possible that you require external finance. You need funds to buy equipment, meet working capital requirements, or expand...

KNOW MORE

June 29, 2023