CAN A SHARE HOLDER OF THE SHARE CERTIFICATE ADD ONE MORE NAME AS A JOINT HOLDER AT THE TIME OF DEMATERIALISING THE SHARE CERTIFICATES

CAN A SOLE HOLDER OF THE SHARE CERTIFICATE ADD ONE MORE NAME AS A JOINT HOLDER AT THE TIME OF DEMATERIALISING THE SHARE CERTIFICATES ?

No ,however if the investor wants to transfer the ownership from his individual name to a joint name ,he should first open an account at the sole holder(account A) and dematerialise the share certificates . He should then open another depository (account B) in which he is the first holder and the other person is the second holder and make an off market transfer of the shares from account A to account B . The inventor will incur a charge on this tranction .alternatively ,the certificates can be transferred to the joint ownership and then sent for dematerialisation .