Investment in Joint Names, Service Location INDIA, Type of Property Mixed Use

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Service Location INDIA
Type of Property Mixed Use
Minimum Order Quantity 1

Product Description

Compatible Investment Solutions for Joint Property Ownership in India

Shares/debentures purchased by nris/ocbs should be held and registered in the names of either the investor himself or an authorized dealer or the latter s nominee/s. Shares/debentures may be acquired by nris in joint names with other nris with permission of reserve bank. In if the, Such cases investment is with repatriation benefits, The first holder is to be treated as investor for the aim of 5% ceiling. The second or third holder will be eligible to invest separately within the same company in his own name as the first holder in joint holdings maxing out at the limit of 5%. Reserve bank will also permit investment jointly with residents. However, If the resident joint holder inherits the shares/debentures, He/she is assuredly not present entitled to repatriation benefits. Sale / transfer of shares / bonds / debe

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Ships from
New Delhi
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All India delivery available
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New Delhi, Delhi, India
4.7
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98%
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Established: 2004
Delivery Time: 15–30 Business Days
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