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Does NRI requires to take permission for dematerialisation/rematerialisation of securities?

April 26, 2017dematerialisation NRI permission rematerialisation requires securities

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Does NRI requires to take permission for dematerialisation/rematerialisation of securities?

1 Answer

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No special permission is required. Holding securities in demat only constitutes change in form and does not need any special permission. Permission taken (where required) at the time of acquiring the securities is adequate.