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    <title>Corrigendum to Master Circular for Depositories dated February 05, 2021 on Opening of demat account in case of HUF</title>
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    <description>In the event of the death of the Karta, the name of the deceased Karta in the Beneficial Owner (BO) account shall be replaced by the new Karta appointed by the member of the HUF who in such a case shall be senior most member of the family. Depositories are required to amend relevant bye-laws, carry out system changes, disseminate the circular on their websites and report implementation status in their Monthly Development Report; other Master Circular provisions remain unchanged.</description>
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      <description>In the event of the death of the Karta, the name of the deceased Karta in the Beneficial Owner (BO) account shall be replaced by the new Karta appointed by the member of the HUF who in such a case shall be senior most member of the family. Depositories are required to amend relevant bye-laws, carry out system changes, disseminate the circular on their websites and report implementation status in their Monthly Development Report; other Master Circular provisions remain unchanged.</description>
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