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What is the procedure for transferring the securities in the name of the nominee?

April 26, 2017nominee procedure securities transferring

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What is the procedure for transferring the securities in the name of the nominee?

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In case of the death of the sole holder or all the joint holders, the nominee must submit a duly filled-in transmission form and give the notarised copy of death certificate and an affidavit in the prescribed format. After verifying these documents, the securities will be transferred to the account of the nominee.