Friday, November 15, 2013

SEBI eases share transfer norms for deceased holders' accounts

The Securities and Exchange Board of India  (SEBI) has simplified the procedure for transfer of securities from the account of a deceased person and raised the threshold limit for such transactions in demat format to Rs 5 lakh. The move is aimed at making transmission of securities in both dematerialised and physical modes more efficient and investor friendly.


Post a Comment