Transfer of shares from one person to another

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

14 February 2012 Hi

I have shares in the demat account of my father & i want to transfer it to my wife's Demat account. Is it possible ????

Both are having Demat A/c with different Co's & their Bank is also different

If yes - How will the dividend be credited in the New transferred A/c

Thank you in Advance

ALLU

ALLU (Expert)
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17 February 2012 hi

your father has to submit a physical transfer from ...to his service provider.

They will charge rs 25 / transfer . And witin 10 days it will transfer to considered person.

Regards
ALLU

Ajay Mishra

Ajay Mishra (Expert)
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21 February 2012 Hi

You can do so, your father will fill instruction form given by your Father DP, fill the details of the wife demat details and send the Father DP for tansfer.

No issue, if DP is different of Transferar and transferee.