Review of Dematerialisation Charges

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....p;  After detailed deliberations, as a first step, SEBI vide circular No.MRD/DoP/SE/Dep/Cir-4/2005 dated 28th January, 2005 rationalized the tariff structure with regard to account opening charges, custody charges and transaction charges towards the credit of securities. 2.      Pursuant to the representations from the investor community and in order to encourage m....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....be levied by a depository on DP and consequently, by a DP on a Beneficiary Owner (BO) when a BO transfers all the securities lying in his account to another branch of the same DP or to another DP of the same depository or another depository, provided the BO Account/s at transferee DP and at transferor DP are one and the same, i.e. identical in all respects. In case the BO Account at transferor DP ....