Basket of
services This section
would cover the various DP related services CSE provides to their clients. The names and
signatures of the account holders should be exactly in the same order as mentioned on1 the
certificates to be dematerialised. All communications shall be sent at the correspondent
address of the sole or first holder only. In case of
additional signatures, separate annexure should be attached to the application form. A Magistrate
or a Notary Public or a Special Executive Magistrate must attest thumb Impressions and
signatures other than in English or in Hindi or any of the other languages not contained
in the 8th Schedule of the Constitution of India. The
applicant(s) should furnish along with the application form a copy of Identity and
address, in addition of obtaining PAN card of all the holders is compulsory for all
categories of Demat account holders to the satisfaction of the CSE DP (depository
participant). The DP C1ient
Agreement should be signed at the time of opening of account. The stamp duty may vary from
state to state and hence, care should be taken to get the appropriate value of stamp. As minor
accounts are to be operated by the guardian, the guardian should sign across the
photograph of the minor. MICR code in bank details is a must and should be clearly
mentioned In the form. Dematerialisation:
·
Conversion of physical shares
into electronic format ·
Fill up the DRF in triplicate
With your Demat Account No.(CDSL BC ID) correctly Handover the share certificates and DRF
at the counter ·
Use a separate DRF for each
eligible security ·
Cancel the certificates by
writing or stamping across the share certificate "Surrendered for
Dematerialisation" and punch on the top of the certificates. ·
The credit will be given to
your Demat Account after confirmation by the Company / Registrar normally within a period
of 30 days Rematerilisation:
·
Converting your electronic
shares into physical form ·
Fill-up Rematerialisation
Request Form (RRF) Submit the completely filled RRF at the counter ·
Your account will be debited
immediately and the share certificates inn physical form will be issued by the concerned
Company / Registrar normally within a period of 45 days Transfer-cum-Demat:
·
You can exercise the option of
Demat credit of the shares that are sent for transfer to the R& T ·
Fill in the Transfer-cum-Demat
form and submit it at our branches along with Option Letter / issued by the R&T Transmission: ·
In case of death of any holder
you can instruct for transmission of the holdings to the beneficiary / survivors account.
Fill up the Transmission form for this purpose ·
Your holdings Will be credited
to the new account after opening a new Demat Accounts for the Survivors / beneficiary Transposition:
·
Facility of
transposition-cum-Demat which allow investors to transpose names of the joint holders
along With the process of denationalisation through their DPs. In case of
transposition-cum-denationalisation, the client can get the securities dematerialised In
the same account if the names appearing on the certificates match with the names in which
the account has been opened but are In a different order, by submitting the security
certificates along With the Transposition form and the Dematerialisation Request form
(DRF) to the DP. Delivery
and Receipt: ·
Sale or purchase through your
broker, as usual ·
A Delivery Instruction Slip
(OIS) IS an instruction for delivering your Demat shares after the same has been sold. ·
After confirmation of sale by
your broker, fill up the DIS from the Delivery Instruction booklet given at the account
opening stage. You're your Demat Account will he debited on execution date as per DIS ·
The DIS should be submitted
immediately at your CSE after sell confirmation. Jf DIS IS not received within the pay-In
period, the trade would fail and may result in auction ·
For purchase of shares,
instruct your broker to credit the shares to your Demat. Account With CSE. For this
purpose, give your BO ID to the broker. Ensure that the standing instruction is enabled
for auto crediting your account. ACCOUNT
Freeze and Defreeze: ·
You have an option of freezing
or defreezing the operations in your account or restrict operations for debits only. ·
Fill the Freeze or defreeze
form by correctly mentioning your Demat Account No (BO ID) ·
For revoking the freeze the
same form is used with the defreeze option checked Pledging
and Unpledging: ·
You have the option of
pledging your Demat shares and availing of a loan facility agall1st shares Corporate
Action benefit: ·
Bonus on eligible securities
will be automatically credited to your DP account by NSDL based on the allotment advice
received from the Company / Registrar ·
Rights and debenture
conversions will also be credited on allotment. ·
Dividends would be credited to
your bank account mentioned In the Demat account provided you have exercised the option of
taking ECS credit.(For availing this facility you would have to mention the MICR no. While
opening DP account Statement
of Account: ·
Your Statement of Transaction
cum holding will be made available to you on a fortnightly basis, provided there is a
transaction. The Statement of Transaction can be requested at any time, if required, at a
nominal cost. ·
Even if there is no
transaction in the account over the quarter you will receive a Statement of Holding on a
quarterly basis. |