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Review of Dematerialisation Charges
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....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 more investors to hold securities in demat mode, SEBI vide aforesaid circular made entry into the demat environment free except fr....
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....me 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 is a joint account, the BO Account at transferee DP should also be a joint account in the same sequence of ownership. 5. The depositories/DPs are advised to put in place necessary systems and procedures t....