https://www.taxtmi.com/circulars?id=66863 Intermediaries receiving intimation of an investor's death must obtain and verify the death certificate (online or OSV), record notifier identity, and submit a same-day KYC modification request to the KRA with supporting documents; they must block all debit transactions in the deceased's accounts while preserving allowed surviving joint-account operations. KRAs must independently validate requests, update KYC to "Blocked Permanently" or "On Hold" as appropriate, notify linked intermediaries, and coordinate resolution or rejection. Intermediaries must notify notifiers/nominees about transmission procedures and perform additional due diligence before allowing transactions on "On Hold" accounts. en-us Tue, 03 Oct 2023 00:00:00 +0530 Wed, 04 Oct 2023 09:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=66863 Intermediaries receiving intimation of an investor's death must obtain and verify the death certificate (online or OSV), record notifier identity, and submit a same-day KYC modification request to the KRA with supporting documents; they must block all debit transactions in the deceased's accounts while preserving allowed surviving joint-account operations. KRAs must independently validate requests, update KYC to "Blocked Permanently" or "On Hold" as appropriate, notify linked intermediaries, and coordinate resolution or rejection. Intermediaries must notify notifiers/nominees about transmission procedures and perform additional due diligence before allowing transactions on "On Hold" accounts. Circulars SEBI Tue, 03 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/circulars?id=66863