TMI BlogNomination for Eligible Trading and Demat AccountsX X X X Extracts X X X X X X X X Extracts X X X X ..... ants through Depositories Sir / Madam, 1. Section 73 of Companies Act, 2013 provides for nomination by a holder of securities. 2. Investors opening new trading and or demat account(s) on or after October 01, 2021, shall have the choice of providing nomination or opting out nomination, as follows; a. The format for nomination form is given in Annexure - A to this circ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Sign facility and in that case witness will not be required. 6. Intermediaries shall ensure that adequate systems are in place including for providing for eSign facility and also take all necessary steps to maintain confidentiality and safety of client records. 7. Further, all existing eligible trading and demat account holders shall provide choice of nomination as per the option given ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ircular 9. This circular is issued in exercise of powers conferred under Section 11(1) of the Securities and Exchange Board of India Act, 1992 , read with the provisions of SEBI (Stock Broker) Regulations, 1992 and SEBI (Depositories and Participants) Regulations, 2018 , to protect the interests of investors in securities and to promote the development of, and to regulate the securitie ..... X X X X Extracts X X X X X X X X Extracts X X X X
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