Demat Securities:
If any person required to deliver a security in the
market does not readily have that security, he can borrow the same
from another person who is willing to lend as per the Securities Lending
and Borrowing Scheme Lending and borrowing has to be done through
an 'Approved Intermediary' registered with SEBI.
Read more on Demat
|
Nomination:
Nomination
can be made only by individuals holding beneficiary accounts either
singly or jointly. Non-individuals including society, trust, body
corporate, karta of Hindu Undivided Family, holder of power of attorney
cannot nominate. A nominee shall not be a society, trust, body corporate,
partnership firm, Karta of Hindu Undivided Family or a power of
attorney holder. Read
more on Nomination
|