Companies Act Form · SH-14

Form SH-14: Cancelling or Varying a Nomination

Form SH-14 is used to cancel a nomination you have already made, or to vary it. It is simple, but it carries one trap that catches people regularly.

We at ClaimMyFunds regularly find folios where a nomination was cancelled years ago and never replaced, leaving the family with no nominee at all. That is the trap this page is about.

In short

SH-14 cancels or changes an existing nomination on a physical share folio. If you intend to replace the nominee rather than simply remove them, file a fresh Form SH-13 at the same time — otherwise the folio is left with no nominee.

When This Applies to You

  • The nominee you appointed has died
  • You have divorced or separated and the nominee is your former spouse
  • A minor nominee has reached eighteen and you want to update the guardian arrangement
  • Family circumstances have changed and a different person should inherit
  • You want to remove a nomination entirely and rely on your will instead

Field by Field

What to write in each box, and the entries that most often cause a form to be returned.

Folio number and company name
One SH-14 per folio, as with SH-13.
Your details as holder
Name, address and PAN, matching the folio record.
Existing nominee's details
The nomination you are cancelling or varying. If you cannot recall who you nominated, ask the RTA before filing.
Whether you are cancelling or varying
Tick clearly. Cancelling removes the nominee outright; varying replaces the details.
New nominee details, if varying
In practice most RTAs prefer a fresh SH-13 attached rather than relying on the variation fields alone. Ask your RTA which they want.
Signature of all holders
All joint holders must sign, as with the original nomination.
Witnesses
Two independent witnesses, who should not be the incoming or outgoing nominee.

What to Attach

  • Completed Form SH-14
  • A fresh Form SH-13, if you are appointing a replacement
  • Self-attested PAN copy of every holder
  • Identity proof of the new nominee, where applicable
  • Death certificate of the previous nominee, where that is the reason

Where to Send It

Send it to the company's RTA and keep the acknowledgement. Until the RTA processes it, the old nomination remains on record.

Stuck on this?

Not sure who is currently nominated on your folios? We can find out from the Registrar and put it right.

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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.

Cancelling without appointing a replacementThis is the central trap. A folio with no nominee sends your heirs into the transmission process with heirship certificates and possibly a succession certificate — the outcome you were presumably trying to avoid.
Assuming a divorce cancels the nomination automaticallyIt does not. A former spouse remains the nominee on record until you file SH-14.
Filing for one folio and assuming it covers the restEach folio holds its own nomination. Change them all.
Relying on a verbal instruction to the RTANominations change only on the prescribed form, in writing, signed.
Not keeping the acknowledgementWithout proof of filing you cannot later show which nomination was in force.

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
Complete SH-14, and a fresh SH-13 if replacingSame dayTreat the two as a pair.
Submit both together1-3 daysFiling them together avoids any window with no nominee on record.
RTA updates the folio2-6 weeksUntil processed, the old nomination stands.
Confirmation receivedKeep itAlong with the earlier acknowledgements, so the sequence of nominations is documented.

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.

The forms
No charge.
RTA processing
No SEBI-prescribed fee. Some RTAs levy a nominal service charge.
Postage
Tracked post recommended.
The hidden cost
Cancelling without replacing costs nothing now but can push your heirs into the full transmission route later.
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 SH-14 if I just want to change the nominee?

Yes — and file a fresh SH-13 alongside it. Treat them as a pair. Cancelling and appointing in one submission avoids any window where the folio has no nominee at all.

Does the existing nominee have to consent?

No. Nomination is entirely the holder's decision and can be changed at will. The nominee has no say and need not be informed, though telling them avoids awkwardness later.

What if the nominee has died before me?

File SH-14 to remove them and a fresh SH-13 to appoint someone else. If you do nothing, the folio effectively has no valid nominee.

How many times can I change a nomination?

As often as you like. There is no limit and no fee prescribed by SEBI, though some RTAs levy a small processing charge.

Is there a fee for SH-14?

There is no SEBI-prescribed fee. Individual RTAs may charge a nominal service amount — ask when you submit.

If I move my shares to demat, does the SH-14 still matter?

The physical folio's nomination does not automatically carry across to a demat account. Once dematerialised, nomination is governed by your depository participant's own record, so you should make a fresh nomination with your DP. People frequently assume it transfers and it does not.

Can a nominee refuse the shares after my death?

Yes. A nominee is entitled to claim but cannot be compelled to. If they decline, the shares fall to be dealt with under succession law and your legal heirs would claim through the transmission route instead.

Can ClaimMyFunds check who is nominated on my shares?

Yes. We can obtain the current nomination position from the Registrar for each folio and, where it is wrong or missing, prepare the SH-14 and fresh SH-13 together so there is never a gap.

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About ClaimMyFunds

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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