Abhipra : Demat
Demat
Last Updated on Saturday, 01 May 2010 13:06 Written by Administrator Tuesday, 20 April 2010 12:25
Q1. Can one get an account opening form from NSDL?
Ans The account opening form can be obtained from the DP (Abhipra Capital Ltd.). This is similar to procuring an account opening form from a bank branch in order to open a bank account.
Q2. Do depository accounts have nominee facility?
Ans Yes. The nomination facility has been extended for shares as per the recent amendments to the Companies Act, 1956.
Q3. If an investor has certificates belonging to the same security, in the same order of holders, does he have to open as many accounts as the number of folios?
Ans No. The investor can choose to have all securities deposited in a single account.
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