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Samraat

Samraat Jadhav  |2309 Answers  |Ask -

Stock Market Expert - Answered on May 29, 2024

Samraat Jadhav is the founder of Prosperity Wealth Adviser.
He is a SEBI-registered investment and research analyst and has over 18 years of experience in managing high-end portfolios.
A management graduate from XLRI-Jamshedpur, Jadhav specialises in portfolio management, investment banking, financial planning, derivatives, equities and capital markets.... more
DIBYENDU Question by DIBYENDU on May 25, 2024Hindi
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Sir, my original share certificate of 100 BEML in physical format is misplaced. How can I get the duplicate one. Please advise and guide Thanx a lot.

Ans: you need to do a FIR and make a request to registrar with the copy of FIR, they will issue a duplicate certificate
DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.
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Ramalingam

Ramalingam Kalirajan  |8818 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Aug 16, 2024

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I have 20*100 share certificate of Jindal Vijaynagar steel Ltd in physical form which are shown as paid up on application Rs2/- issued in 1995 in the name of mother who is no more now. How can I get it converted to my name?
Ans: Obtain a Death Certificate: This is the primary document to establish your mother's demise and your legal status as her heir.
Inheritance Proof: You might need to provide documents like a Will or a legal heir certificate to establish your right to inherit the shares.
Locate the Share Certificates: Ensure you have all the physical share certificates in your possession.
Open a Demat Account: It's highly recommended to convert physical shares to electronic form (demat). Choose a reputable depository participant (DP) like Zerodha, ICICI Direct, etc.
Fill Dematerialization Request Form (DRF): This form is available with your DP. You'll need to provide details about the shares, your mother's name, and your details as the new owner.
Submit Required Documents: Attach the share certificates, death certificate, inheritance proof, and other necessary documents to the DRF.
Pay Charges: There might be dematerialization charges applicable.
Submit to DP: Submit the completed DRF and documents to your DP.
Verification and Transfer: The DP will verify the documents and initiate the transfer of shares to your demat account. This process might take some time.


Registering Transfer: In some cases, you might need to directly approach the company's Registrar and Transfer Agent (RTA) to transfer the shares to your name. However, dematerialization is generally preferred.
Tax Implications: Consult a tax advisor to understand any potential tax liabilities related to inheriting the shares.
Share Value: Given the nominal value of the shares, the process might not be cost-effective. Weigh the potential benefits against the costs involved.

Seek Professional Help:

Due to the complexities involved, especially with older share certificates and inheritance matters, consulting with a legal or financial advisor is strongly recommended. They can provide tailored guidance based on your specific circumstances.

By following these steps and seeking expert advice, you can navigate the process of transferring the shares to your name efficiently.

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner

www.holisticinvestment.in

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Nayagam P

Nayagam P P  |5806 Answers  |Ask -

Career Counsellor - Answered on Jun 04, 2025

Asked by Anonymous - Jun 03, 2025
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My friend got 74.6% in 12th cbse board and 63 percentile in jee mains (after a drop year). She is going to pursue IITM BS in data science and application with Btech CSE from any private colleges in indore. She is thinking of taking a non attending college but having second thoughts as btech is itself a major course which will require much more time with efforts. So please suggest if she should go for attending or non attending college in indore.
Ans: Based on comprehensive analysis of AICTE guidelines, academic validity, and practical training requirements, attending a regular BTech CSE program at a recognized private college in Indore is strongly recommended over non-attending/distance options, which are invalid for technical degrees per Supreme Court rulings. While IITM BS Data Science offers flexibility, pursuing it alongside a non-attending BTech risks academic credibility, as distance/online engineering programs lack mandatory lab work, industry exposure, and AICTE recognition, rendering degrees invalid for government jobs or higher studies. Top Indore institutions like LNCT, Acropolis ITR, or Medi-Caps University provide structured curricula, hands-on projects, and placement support (~70-80% placement rates), crucial for skill development despite time commitments. Conversely, juggling IITM BS with a valid BTech demands rigorous time management, but attending colleges allow academic continuity, peer collaboration, and access to campus recruitment—advantages absent in non-attending setups. Given her JEE Main percentile, target mid-tier private colleges with moderate attendance flexibility, ensuring AICTE approval and curriculum alignment with IITM BS coursework. Prioritize institutional credibility over convenience to safeguard career prospects. All the BEST for your Friend's Admission & a Prosperous Future!

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