SEBI Proposes ‘TLH’ Code to Simplify Security Inheritance
In a move to simplify the inheritance process for securities, SEBI has proposed a new standard code, ‘TLH’ (Transmission to Legal Heirs). This code is designed to be used by registrars, depositories, and other financial institutions when reporting the transfer of securities from a nominee to a legal heir to the Central Board of Direct … Read more