CDSC Demat Transfer & Inheritance Transmission Checklist

CDSC Regulatory Note: Direct off-market transfer of shares between different individuals is restricted under SEBON rules except among blood relatives (father, mother, son, daughter, husband, wife) or via deceased estate inheritance transmission (हक हस्तान्तरण).

1 Family Blood-Relation Transfer (नाता प्रमाणित)

Ward Office Relationship Certificate (नाता प्रमाणित प्रमाणपत्र)

Original certificate issued by local Ward Office confirming immediate 3-generation relation between transferor and recipient.

CDSC Form No. 16 (Off-Market DIS Slip)

Debit Instruction Slip filled with Target BOID, Company Script Symbol, and ISIN code signed by the transferor.

DP Verification & SEBON Service Fee

Payment of statutory transfer fees to Depository Participant (Class A Bank DP or Broker DP).

2 Deceased Estate Inheritance (नामसारी / हक हस्तान्तरण)

Death Registration Certificate (मृत्यु दर्ता प्रमाणपत्र)

Official death certificate issued by Local Registrar / Ward Office.

Family Succession & Heir Recommendation (हकदार सिफारिस)

Municipal recommendation identifying legal heirs, plus Citizenship copies of all legal successors.

Heir Consent Deed (मन्जुरीनामा) or Court Order

Written consent deed signed before DP officials if shares are transferred to a single designated heir, or Court Partition Deed (अंशबन्डा).