My father passed away recently. My parents have 2 demat accounts with OBC:
Demat Account 1 - held in the names of (1) Mother's name (2) Father's name
Demat Account 2 - held in the names of (2) Father's name (2) Mother's name
I would be grateful for any help with the following:
Could you please advise what is the procedure to get all the shares in the sole name of my mother and in one account?
Do I need to open yet another Demat account in my mother's sole name (as advised by OBC)? Or can my father's name be deleted from the accounts on the basis of his death certificate?
Demat Account 1 - held in the names of (1) Mother's name (2) Father's name
Demat Account 2 - held in the names of (2) Father's name (2) Mother's name
I would be grateful for any help with the following:
Could you please advise what is the procedure to get all the shares in the sole name of my mother and in one account?
Do I need to open yet another Demat account in my mother's sole name (as advised by OBC)? Or can my father's name be deleted from the accounts on the basis of his death certificate?