According to SEBI regulations, a trading account cannot be operated as a joint account.
According to SEBI regulations, a trading account cannot be operated as a joint account.
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Can there be a joint dmat account and joint trading account? What will happen if one person dies.
Hello Siddhartha,
Demat account can be opened jointly. But trading account will be in the name of first holder only. In case if any of the demat holder dies then the other holder has to open a new account and can transfer the shares to the new demat account.