The Securities and Exchange Board of India (Sebi) on Tuesday granted permission to Associations of Persons (AoP) to open demat accounts in their own name. Through demat accounts, AoPs can hold ...
The addition of demat accounts in February fell to a 21-month low at 2.26 million even though their total number surpassed the 190 million mark, according to data from CDSL and NSDL. As the stock ...
The Supreme Court of India, in a recent ruling, held that a husband can be held jointly liable for stock market losses incurred by his wife if both were actively involved in making financial ...
Investors having demat accounts with the National Securities Depository Ltd (NSDL) and Central Depository Services Ltd (CDSL) can now access their holdings across the two platforms in one place.
However, such demat accounts will not be used for holding equity shares. The new rule, applicable from June 2, aims to make it easier for AoPs to invest while ensuring regulatory compliance. This came ...
The proposals are aimed at creating a secure trading environment and to prevent unauthorized transactions in trading and demat accounts. The Securities and Exchange Board of India (Sebi ...
Markets regulator Sebi on Tuesday allowed Associations of Persons (AoP) to open demat accounts in their own name, enabling them to hold mutual fund units, corporate bonds, and government securities.
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