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<h1>Nomination and transmission rules revised: standarised survivorship, nominee identifiers and simplified transmission procedures implemented.</h1> The circular standardises nomination and transmission rules for demat accounts and mutual fund folios: joint-account assets pass by name deletion to surviving holder(s) under a rule of survivorship; simultaneous deaths trigger transmission to registered nominees or, absent nomination, to legal heirs of the youngest holder or under a Will. Nomination is mandatory for single holdings and optional for joint holdings; up to ten nominees may be specified with prescribed personal identifiers and contact details. Online and physical nomination methods must follow authentication guardrails; nominees may be empowered to operate single-holder accounts on investor incapacitation under strict verification and transaction limits. Transmission to nominees requires only a death certificate, nominee KYC and creditor discharge, and regulated entities are discharged upon transmission.