Searched for
TRANSMISSION OF SHARES TO HEIRS
Claiming your inheritance by executing a Will: What legal heirs must know about nominees, probate and asset transfersExecuting a Will in India is often more complex than believed, involving numerous institutions and documentation hurdles. Nominees do not a...
Have assets in the USA or UK? Why an Indian Will alone may not protect your heirsIndian families with assets in the USA and UK need robust succession plans. A single Indian Will may not suffice for overseas properties. E...
No nomination in mutual fund or demat account? Here’s how legal heirs can claim investmentsNot having a nominee in mutual funds or demat accounts doesn’t mean your investments are lost—but it can make access difficult for your fam...
Sebi proposes easier transmission of securities, higher limits and faster claims for heirsSecurities and Exchange Board of India has proposed simplifying transmission of securities to heirs by raising documentation thresholds, in...
My father forgot to have nominee in bank account and MFs, he is no more, how can I claim them?My father recently passed away without updating the nominee details on his mutual funds and bank accounts. What is the complete process and...
Unclaimed assets may soon be past, Digilocker to now store details of your shares, mutual fundsFrom April 2025, DigiLocker users can store and access details of their demat and mutual fund holdings. This new feature aims to tackle the...
Sebi allows storage, access of demat, mutual fund holdings in DigiLocker. Check 4 benefitsSEBI has integrated DigiLocker to help investors securely store and access their demat and mutual fund holdings. The initiative simplifies ...
New SEBI rule: Revamped mutual fund and demat account nomination rules come into effect from today; things you need to knowSEBI nomination rules: Revamped nomination rules for mutual fund and demat account comes into effect from today i.e. March 1, 2025. These r...
Sebi clarifies rules on change in control for investment advisers, research analysts, KRAsMarkets watchdog Sebi on Friday clarified the rules for transfer and transmission of shareholding among immediate relatives for investment ...
Sebi changes nomination rules for demat account, mutual fund investmentsThe number of nominees will now be increased from three to 10. Additionally, nominees will be permitted to act on behalf of incapacitated i...
Have unclaimed dividends and shares? You can recover themAccording to industry estimates, around ₹55,700 crore of shares and dividends have been shifted to the government's Investor Education and ...
Nomination … Just do itTo transmit assets to the legal heir, Nomination is the simplest and most effective way. Read to know more
Money tasks after death in family: How legal heirs can claim movable assetsMoveable property includes bank deposits, stocks and securities, mutual funds, post office schemes, provident fund, gold, insurance maturit...
Charges on transfer of property, shares and mutual fund units after death of ownerAccording to experts, no stamp duty has to be paid for the transmission of property and other assets to the legal heir. However, there are ...
How securities are transmitted on death of demat account holderIn case a single demat account holder dies leaving a nominee, the procedure for transmission of securities is simple.
DIPP yet to decide on transfer of NRI’s stake to Pakistani nationalPTL Ent confirmed that the company has initiated the process of share transmission to the legal heir of Siddique Dawood in accordance with ...
Five things you need to know about bank account and folio nominationsWhen a dispute between heirs is not expected, nomination is a simple way to transfer wealth with minimal paper work.