Blog Details

1. What is Form SH 14 ?

Form SH 14 is used when any shareholder needs to cancel or update an existing nomination. The Nomination made earlier can be cancelled and new nomination can be made either singly or jointly. Through form SH 14 , the shareholder can change his nomination and nominate new person. Non-individuals including Society, Trust, Body Corporate, Partnership Firm, Karta of Hindu Undivided Family and Power of Attorney holder cannot nominate or be nominee . As per sub section (3) of section 72 of Companies Act, 2013, if the shares are held by more than one person jointly, the joint holders may together nominate a person to whom all the rights in the shares of the Company shall vest, in the event of death of all the joint holders.

2. Why is it Important ?

This form is used to change the name of the person nominated and update the details of the new nominee with whom all the right title and interest in the shares shall lie in the event of death of the original shareholders.

To access this Sample Agreement / Template, please fill in the details below and it will be emailed to you shortly.