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What is the process for dematerialising physical shares of a joint account in case of death of one account holder?

April 26, 2017account Case death dematerialising Joint physical process Shares

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What is the process for dematerialising physical shares of a joint account in case of death of one account holder?

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Ans: In this case, such shares could be dematerialised in the demat account of the surviving member(s) provided that the surviving member(s) submits a Transmission cum Dematerialization form duly signed by all the surviving holders and a notarized/certified true copy (by nationalized bank) of the Death certificate along with DRF.