Transmit securities in favour of surviving joint holder in case of death of joint holder: Sebi to RTAs
Accordingly, Sebi in a circular asked RTAs to comply with the provisions of the Companies Act 2013 and transmit securities in favour of surviving joint holder(s) in the event of demise of one or more joint holder(s)
Earlier in December 2020, Sebi came out with operational guidelines to credit physical shares in demat account of investors following re-lodged transfer request. Source: PTI