InvestorQ : Do the names have to be same in demat and certificates?
shrinidhi Rajan made post

Do the names have to be same in demat and certificates?

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ishika Banerjee answered.
3 years ago
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Ensure that the names and order of names as per certificate(s) match with the names and order of the names as per the DP account. This is very important. If you are holding physical certificates jointly in the name of Jack and Jill then the demat account should also be in the same order of names for the certificates to be dematerialized. Individually held shares cannot be dematerialized into a joint account and jointly held shares cannot be dematerialized into a single account. In case you have physical shares in joint names and the demat account in joint names, then you can open a demat account in joint names and once it is opened you can do an off-market transfer to the individual account.
What do you do if you are holding shares in individual name and after your marriage, you want to dematerialize the certificates directly into your joint DP account? The answer is that it is not possible. What you can do is to open 2 demat accounts in your own name and in your joint name. When you fill up the DRF, you can demat the shares directly into your personal demat account. Once the credit is received into your demat account you can do an off-market transfer into your joint account with your wife. That is a lot simpler to do.
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