Demat account holders are being urged to register their nominees by 31 December 2023 to ensure a seamless transfer of assets to their legal heirs in the event of their demise. Failure to comply with this mandate may result in restrictions being imposed on the account. To facilitate the nomination process, the Centre for Investment Education and Learning (CIEL) has provided detailed guidelines.
Demat Account Holders Urged to Register Nominees by 31 Dec 2023 for Smooth Asset Transfer
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