How to Start Trading Search on Stock Companies ELSS Scheme Dematerialsation Women in Stockmarket History of stockmarket Investment Opportunities for NRI Currencies Delivery instruction slips Demat securities Derivatives Trends in stock market Online trading in Stock-Market Depository BSE-and-NSE Upper circuit value Unpredictable stock market Tips for investing in stock market Attraction of Indian stock market Stock Brokers Stock market the mind game Stock market information Stock exchange and you scenario of indian stock market Corporate Benefits Delivery Instruction Slips Demat Securities Nomination Pledging Rematerialisation Trading and Settlement Transaction Statement Depository and Particpants DP and Stock Broker DP Account Rights and Obligations Derivatives Options Risk Management Settlement Trading Advantages of Trading Stock Glossary Bonus Shares Dabba Trading Global Depository Receiptst Net Market Value Splitting and Consolidation Trade for Trade Mutual Funds How to Make Money From Your Fund Features of Mutual Funds Benefits of Investing Pros and Cons Investment Objective Types of Mutual Funds Primary Market Book Building Investors Guide for IPOs Issue Process Listing Stock Brokers Rules and Regulations |
Rights and ObligationsA depository participant is obligated to give you prompt and efficient service, effect timely transfer your securities and safely hold your securities with it. Always be aware of your rights.
What are your obligations? As an investor, it is your obligation to carry out necessary due diligence while opening the account. You must make timely payment to your depository participant in respect of fee and other charges. You must keep the delivery instruction slips (DIS) in safe custody to avoid its misuse. You must bring to the attention of your DP any discrepancy observed in the holding statement and transaction statement issued by your DP at periodical intervals.
What happens in case of a dispute? If there is a dispute between you and your depository participant, bring the facts of the case immediately to the notice of depository participant. Follow it up with written complaints if the same is not resolved within reasonable time. If still nothing is done, write to the depository of which he is the member with all the facts of the case and necessary documents. Follow it up. You can also write to SEBI if your complaint is not resolved. It is possible for you to write your complaints online. You may get the relevant details from the websites depositories (www.nsdl.co.in, www.cdslindia.com and of SEBI which is www.sebi.gov.in. |
Copyright © Site Owned By Vcode Infotech, All Rights Reserved |