Register Daily Newsletters My Bookmarks My Queries (D. Forum) My Replies (D. Forum) My Articles My Inbox (PM) Feedback/ Suggestions
Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding

   For Sales / Support:
WhatsApp WhatsApp 9911796707
Case Laws Acts Notifications Circulars Classification Forms Manuals Articles News D. Forum Highlights Notes
TMI - e-Newsletter     TaxTMI    Procedural Flaws Invalidate GST Tax Order, Restore...     TaxTMI    GST Registration Cancellation Upheld: Failure to...     TaxTMI    Contractual Delay Penalties Upheld: Liquidated...     TaxTMI    Govt Amends PMLA to Empower Indian Cyber Crime...     TaxTMI    Tax Exemption for Mysore Palace Board Under Section...     TaxTMI    Interim Relief Granted: Tax Notifications...     TaxTMI    Legal Proceedings Against Deceased Person...     TaxTMI    Ex Parte Tax Assessment Invalidated: Procedural...     TaxTMI    GST Appellate Tribunal Procedure Rules 2025...     TaxTMI    Customs Transshipment Regulations Updated: No More...     TaxTMI    Luxury Goods Over 10 Lakh Now Subject to 1% Tax...     TaxTMI    Customs Eases Air Cargo Logistics with New...     TaxTMI    Government Achieves Direct Tax Collection Target,...     TaxTMI    SEBI Revamps REIT Regulations: Stronger Governance,...     TaxTMI    Customs Circular Cuts Red Tape: Free ULD Movement,...     TaxTMI    Latest Case-Laws     TaxTMI    Latest Notifications + Circulars     TaxTMI    GST Council Decisions     TaxTMI       Right Stop
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
SEBI - Highlights / Catch Notes

Home Highlights December 2024 Year 2024 This

The Securities and Exchange Board of India (Depositories and ...


New rules allow stock account holders to nominate beneficiaries for securities in case of death/incapacity.

December 3, 2024

Notifications     SEBI

The Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018 were amended to introduce a new regulation 60A mandating participants to provide options to beneficial owners for nomination of persons to whom securities shall vest upon death or incapacitation. For joint accounts, joint beneficial owners may nominate a person upon whom securities shall vest upon death of all joint holders. Depositories and participants are not liable for actions taken based on such nominations.

View Source

 

← Previous Next →

 

You may also like:

  1. Banks are required to maintain a Statutory Liquidity Ratio (SLR) by purchasing government securities. RBI guidelines categorize securities as Held-to-Maturity (HTM),...

  2. SEBI issued a circular revising and revamping nomination facilities for demat accounts and mutual fund folios. Key points: Reiteration of Existing Norms: - Rule of...

  3. Simplified auto-registration of beneficiaries (IEC holders) on ICEGATE for eSANCHIT and other benefits

  4. Requirements with respect to the listing of securities on a recognised stock exchange - Rule 19 of the SECURITIES CONTRACTS (REGULATION) RULES, 1957 - as amended

  5. Unexplained deposits in bank account - Amount deposited in the bank account was out of sale of various items as held by the assessee as stock in trade and since the...

  6. The High Court considered a challenge to a notice u/s 226(3) for attachment of joint saving accounts. The petitioners, secondary account holders, argued they were...

  7. Excess stock found during the search - A.O. has not held that there was any difference in quantity of stock as per valuation report and as per hooks of accounts. There...

  8. Securities payout timing revised from 1:30 PM to 3:30 PM under T+1 rolling settlement. Clearing Corporations to credit securities directly to client demat accounts on...

  9. Reopening of assessment - legality of issuance of notice u/s. 148 - Merely on a study by Investigation Wing ,as in this case explaining the general modus operandi...

  10. In the case of shortage of stock a valid presumptions would be that the stock has been sold outside the books of accounts - the only addition that can be made is that of...

  11. Obsolete inventory written off in accordance with accounting standards and audited financial statements should be allowed as deduction. Coordinate Bench in BG...

  12. Banking and Other Financial Services - dormant account charges - By levying “dormant account charges’ such account holders are not getting any additional services or...

  13. Modification in Cyber Security and Cyber Resilience framework of Stock Exchanges, Clearing Corporations and Depositories - Circular

  14. Securities and Exchange Board of India (Stock Brokers and Sub-Brokers) (Amendment) Regulations, 2002.

  15. Cyber Security and Cyber Resilience framework of Stock Exchanges, Clearing Corporations and Depositories

 

Quick Updates:Latest Updates

What's New:
    Latest Case Laws
What's New:
    Latest Notifications
What's New:
    Latest Circulars
F: Taxpayers Can Challenge GST Rectification Orders Affecting Original As...
A: GST Appeals: Key Filing Guidelines for Taxpayers Navigating Tribunal P...
A: LLP Corrects Annual Return Filing Errors: Identify, Revise, Submit, an...
A: Comprehensive Guide: Protecting Intellectual Property Rights Through S...
A: Navigating India's Trademark Registration: 7 Essential Steps from Sear...
A: Legal Shield for Regional Products: Geographical Indication Protects U...
A: Inventors Gain Exclusive Rights: Patent Protection Ensures Innovation ...
A: Customs Act Empowers Businesses to Strategically Re-Export Goods with ...
A: Importers and Exporters: Navigate Customs Duty Refunds Under Section 2...
A: Imported Goods Can Stay in Approved Warehouses for Two Years, Subject ...
A: Government Controls Trade Flow: Notified vs. Specified Goods Define Im...
H: Tax Order Quashed: Procedural Flaws Invalidate Original Decision, Mand...
H: GST Recovery Order Invalidated Due to Violation of Natural Justice Pri...
H: Creditors Cannot Raise New Claims After NCLT Resolution Plan Approval,...
H: Tax Fraud Case: Anticipatory Bail Denied Due to Systematic Invoice Man...
H: Property Dispute Resolution: Income Tax Act Sections 269-UN and 293 Do...
H: Reassessment Notice Invalidated: Statutory Time Limit Breach Renders T...
H: Property Title Clearance Costs Deemed Integral to Asset Transfer Under...
H: Cash Deposits During Demonetization: Systematic Accounting Records Shi...
H: Cash Donation to Charitable Organization Validated Under Section 80G, ...
H: Valuation Method Upheld: DCF Approach Valid, Share Premium Addition Re...
H: Comprehensive Assessment Stands: Revision Petition Dismissed When Orig...
H: Securitisation Trust Wins Tax Dispute: Excess Interest Spread Payment ...
H: Wind Turbine Generator Compensation Deemed Capital Receipt, Not Taxabl...
H: Tribunal Orders Detailed Verification of Loan and Deposit Investments,...
H: ITAT Strikes Down Tax Reassessment Order Under Section 263 Due to Proc...
F: GST Input Service Distributor Cannot Claim Tax Credit on Internal Good...
A: GST Appellate Tribunal Setup: Comprehensive Framework for Composition,...
A: Navigating 80G(5) Registration: Critical Compliance Steps for Non-Prof...
A: Importers Face Rising Storage Fees as Demurrage Charges Escalate for D...