SEBI simplifies transmission process

transmission process

The Securities and Exchange Board of India has eased the process of
transmission of securities to the Legal heirs/ nominees after the
security holder’s death. Along with standardization has been
introduced in the documentation formats.

“Transmission” of securities only occurs after the demise of the sole
holder of the security; the next legal heir/ nominee or anyone less
named in the will receive his securities. It differs from the transfer of

Benefits Of eBook

Immersive E-BooksImmersive E-Books

Reading and learning have become a more immersive experience in the era of visually enriched digital e-books.

Portable LibraryPortable Library

Carry an entire library of amazing topics in one device, making reading on-the-go easy as well as hassle-free!

Trend InsightTrend Insight

Up-to-date, relevant content material that makes you familiar with the ongoing trend in the world of law, tax, and startups.