SEBI Plans Major Easing for Lost Securities
Open Demat A/C Big Relief for Investors
Uniform documentation across RTAs and companies may end repeated paperwork, making the recovery process smoother.
Open Demat A/C Higher Limit Without FIR
SEBI proposes raising the no-FIR or newspaper-ad limit from ₹5 lakh to ₹10 lakh for duplicate securities.
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Single Document Rule
SEBI plans a combined affidavit-cum-indemnity bond, replacing two separate documents to shorten processing time.
Open Demat A/C Simpler, Faster Process
FIRs and ads may be waived for cases up to ₹5 lakh, with standardised forms to eliminate inconsistent practices.
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