Joint Demat Account

Asked in Civil

  • *****J

    Mumbai

Expert's Answers(4)

  • H K Chaturvedi, Advocate Supreme Court. 9811035762

    Gautam Buddha Nagar, Uttar Pradesh
      12 Client Ratings

    It would be illegal and amounts CRIMINAL breach of trust punishable under Law.

    May 13, 2020
  • Kishan Dutt Kalaskar 40 years Exp (Retired Judge)

    Bengaluru Urban, Karnataka
      187 Client Ratings

    Dear Sir, You cannot do so.

    April 7, 2020
  • Advocate Bashisth Prasad Singh

    Patna, Bihar
      1 Client Ratings

    First of all sell the shares which are in DMAT account. Transfer money from Trading account to your Bank account. Then deposit money in the bank account of person whom you wish to transfer shares. Ask the person to purchase shares.

    April 6, 2020
  • Advocate Suneel Moudgil

    Panipat, Haryana
      40 Client Ratings

    No, you cannot transfer the shares from the joint account without the consent of other holder

    April 6, 2020