Service · Deletion of Name

Deletion of Name From a Joint Share Folio

When one of two joint holders dies, the surviving holder does not normally need a succession certificate, NOCs from other relatives, or a full transmission. Because of survivorship, the usual remedy is a simple deletion of the deceased holder's name.

We at ClaimMyFunds regularly meet families who have obtained a succession certificate for a jointly held folio when survivorship meant they never needed one.

In short

Deletion of name removes a deceased joint holder from the folio, leaving the survivor as sole holder. It relies on survivorship and typically needs only the death certificate and the survivor's KYC — far lighter than transmission to an heir.

When This Applies to You

  • You held shares jointly and the other holder has died
  • You are the surviving holder and want the folio in your sole name
  • You need the folio clean before dematerialising or selling
  • An RTA has asked for a succession certificate and you believe survivorship should apply
  • You are dealing with an estate that includes jointly held shares

Step by Step

1

Confirm the holding is genuinely joint

Check the certificate. Survivorship applies only where two or more names are actually registered on the folio.

2

Obtain the death certificate

An original or a properly certified copy. Photocopies are generally not accepted.

3

Ask the RTA which form they use

Some use Form ISR-5, others a specific deletion-of-name request. Ask before filling anything in.

4

Prepare the survivor's KYC

PAN, address proof and bank details for the surviving holder, since the folio will now be in their name alone.

5

Attach the original certificates

These are usually required so that new certificates or a demat credit can be issued.

6

Submit and follow up

Registered post, keep the receipt, follow up after three to four weeks.

What to Attach

  • The RTA's deletion of name request, or Form ISR-5 where they use that
  • Original or certified copy of the death certificate
  • Original share certificates
  • Self-attested PAN and address proof of the surviving holder
  • Demat account statement of the survivor
  • Form ISR-2 if the survivor's signature needs verification

Where to Send It

Send to the company's RTA. Do it for each company separately where shares were held jointly.

Stuck on this?

Lost a joint holder? Before you go anywhere near a court, let us confirm whether survivorship covers your case.

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Why These Get Rejected

Across the files we handle at ClaimMyFunds, almost every returned form fails for one of these reasons.

Treating it as a full transmissionThe commonest and most expensive error. Survivorship means the surviving holder already holds the shares — no succession certificate, no NOCs from other relatives.
Obtaining a succession certificate unnecessarilyWhere a joint holder survives, a court certificate is generally not needed. Families spend months and significant money on this before discovering it.
Photocopy of the death certificateAn original or properly certified copy is normally required.
Not updating the survivor's own KYCThe folio becomes theirs alone, so their PAN, address and bank details must be current.
Forgetting other foliosEach company holds its own record. Do them all.

How Long It Takes

Indicative timings from cases we have handled. The variable that matters most is whether the file is complete when it arrives.

StageTypicalWhat affects it
Obtain the death certificate1-3 weeksGet several certified copies; you need one per company.
Confirm which form the RTA uses1 weekSome use ISR-5, others a specific deletion request.
Submit with original certificates1-3 daysRegistered post.
Folio in the survivor's sole name4-8 weeksNoticeably faster than a transmission to an heir.

What It Actually Costs

Indicative only. Stamp duty, notary rates and RTA service charges vary by state and by registrar, so treat these as what to budget for rather than a price list.

Death certificate copies
A nominal municipal charge per certified copy.
Succession certificate
Not normally required where a joint holder survives. If an RTA asks for one, it is reasonable to point out that survivorship applies.
Indemnity bond, where required
Stamp paper plus notarisation, both modest.
Postage
Registered post, per company.
Before you file: SEBI's requirements for physical shareholders have been revised several times. This page explains the process and the paperwork, but before you file, confirm the current requirements with the Registrar handling your folio — forms and thresholds do change. Nothing here is legal or financial advice.

Frequently Asked Questions

Do I need a succession certificate if my spouse was a joint holder?

Generally no. Survivorship means you as surviving joint holder are already on the folio, so this is a deletion of name rather than a transmission to an heir. RTAs occasionally ask for more than is necessary — it is reasonable to point out that survivorship applies.

What if both joint holders have died?

Survivorship no longer helps and it becomes a full transmission to the heirs, generally requiring proof of entitlement through both deaths. That is a considerably heavier process.

Can the deceased holder's heirs object?

They can raise a dispute, but survivorship in a joint holding is a strong position. Where the family disagrees about beneficial ownership, that is a matter for legal advice rather than the RTA.

How long does deletion of name take?

Commonly four to eight weeks with clean paperwork — significantly faster than a transmission to an heir.

Does this work if the shares are already in IEPF?

The survivorship principle still applies, but the shares now sit with the IEPF Authority, so recovery is through Form IEPF-5 with the survivorship position evidenced. Establish the position and file the IEPF claim together rather than sequentially.

Can ClaimMyFunds confirm whether we need a succession certificate?

Yes, and it is worth asking before you start. Where a joint holder survives, this is normally a deletion of name and no court certificate is required. We will tell you plainly which route your case falls into.

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You have just read a detailed walkthrough of a SEBI investor form. We publish these because the same handful of mistakes cost investors months, and most of them are avoidable.

We are a share recovery practice based in Ahmedabad, working with investors, legal heirs and NRIs across India. We have resolved more than 2,500 cases covering IEPF claims, unclaimed dividends, duplicate certificates, transmission and physical-to-demat conversion. We handle the paperwork end to end, and we tell you at the outset whether a case is worth pursuing.

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