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FAQs on DEPOSITORY SYSTEM
1.What is a Depository? A depository is an organization which holds securities of investors in electronic form at the request of the investors through a registered depository participant. 2.What is the minimum net worth required for a depository? ...
FAQs on Block Mechanism
(1)What is processing of instructions under Block mechanism? Answer: Shares get block in the demat account of the client in favour of Clearing Corporation. If sale transaction doesn’t get executed, shares shall continue to remain in the client’s ...
FAQs on CAS
∙What is NSDL Consolidated Account Statement (CAS)? NSDL CAS is a single account statement consisting of transactions and holdings in investor's demat account(s) held with NSDL and CDSL as well as in units of Mutual Funds held in Statement of Account ...
FAQs on Annual Information Statement (AIS)
What is Annual Information Statement? Annual Information Statement (AIS) is comprehensive view of information for a taxpayer displayed in Form 26AS. Taxpayer can provide feedback on information displayed in AIS. AIS shows both reported value and ...
FAQs on Margin Pledge
Whether existing pledge form can be used for submitting margin pledge request? No. A separate Margin Pledge form called ‘Form 43’ needs to be used for submitting margin pledge / re-pledge request. Whether off market transfer to demat account of ...