Can an investor open a single account for securities owned in different ownership patterns such as securities owned individually and securities owned along-with others?
No. The demat account must be opened in the same ownership pattern in which the securities are held in the physical form. E.g. if one share certificate is in his individual name and another certificate is jointly held with some other person, in such case two different accounts would need to be opened.
Related Questions
- Can an investor open a single account for securities owned in different ownership patterns such as securities owned individually and securities owned jointly with others?
- Can an investor open a single account for securities owned in different ownership patterns such as securities owned individually and securities owned along-with others?
- Can I open a single account for securities owned in different ownership patterns such as securities owned individually and securities owned along-with my wife?
