SEBI’s new rules: Clarifying joint account ownership & nominee access for incapacitated investors
Imagine this scenario: A joint demat account or a mutual fund account is created with someone else. But what happens if one of the joint account holders passes away? Who gets the share of the deceased account holder—the surviving joint holder or the legal heirs of the deceased? Well, SEBI (Securities and Exchange Board of […]
Satya Sontanam
Personal Finance, Varsity
0
18 Jan 2025