What is the procedure for transmission of securities to the nominee in case of the death of the sole account holder?

In case of the death of the sole holder, for transmission of securities, the nominee needs to submit duly filled-in transmission form along with a copy of the death certificate duly attested by a Notary Public or a Gazetted Officer.

In case the account of the claimant is not with the same Depository Participant, copy of Client Master Report of the account of the claimant (certified by the concerned DP) is also required. After verification of these documents, the DP will transmit the securities to the demat account of the nominee.

 

For any Additional Information Please contact us 080 – 68 24 84 94.

 

Powered by BetterDocs

Leave a Reply

Your email address will not be published. Required fields are marked *

16 − six =