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Sebi introduces fast-track process for securities transmission
Sebi has revised the securities transmission framework for investors. A fast-track mechanism is introduced for small-value claims. Documentation requirements are simplified, and probate of a will is removed. Claims up to ₹10 lakh in physical and ₹30 lakh in demat form are covered. This aims for a more efficient and investor-friendly process.
Raccontata da
economictimes.indiatimes.com
Timeline cronologica
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Sebi unveils simpler rules for mutual fund transmission claims
Mutual fund unit transmission is now simpler for nominees and joint holders. Asset management companies will rely on the latest address with valid documents. A harmonised…
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Sebi introduces fast-track process for securities transmission
Sebi has revised the securities transmission framework for investors. A fast-track mechanism is introduced for small-value claims. Documentation requirements are simplified, and…