Transferring shares to an investor's name may pose a number of problems. MC Finnzon provides end-to-end assistance to resolve every one of them.
In addition to the standard transfer process, we help investors with the following common issues:
1. Mismatch of Signature
Companies deny share transfers because the transferor's signature on the transfer deed does not match the specimen signature in the company's records. This is one of the most frequent transfer rejections — especially with certificates that are decades old, where the shareholder's signature has changed with age. We handle the signature attestation and verification process end-to-end.
2. Non-submission of Transfer Deed
A transfer deed has not been submitted to the company by the buyer despite paying the consideration. Thus, according to the company records, the shares are still held by the seller. We locate the historical broker records, coordinate with the seller (or legal heirs), and complete the transfer formalities to legally register the shares in your name.
3. Mutilated Share Certificates
It is not uncommon for share certificates to become mutilated due to wear and tear, causing problems with share transfers. We handle the duplicate issuance process — public notice, indemnity bond, notarised affidavit — and then proceed with the transfer to the rightful owner.
Our Transfer Process
- Document Verification — We audit the certificates, folio numbers and transfer deeds you have.
- Issue Resolution — Whichever of the three issues above applies, we start the correction paperwork immediately.
- RTA Coordination — We interface with the company's Registrar & Transfer Agent on your behalf.
- Dematerialisation — Since SEBI now requires demat for any subsequent transfer, we complete demat as the final step.
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