Sebi has revised the securities transmission framework for investors. A fast-track mechanism is introduced for small-value claims. Documentation requirements are simplified, and probate of a will is removed. Claims up to ₹10 lakh in physical and ₹30 lakh in demat form are covered. This aims for a more efficient and investor-friendly process.
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.