Negotiable Instruments: Exhaustive Coverage by Adv Roma Bhagat. Register Now!
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succession certificate for demat account

Page no : 2

v.lakshminarayanan   01 February 2018

dear dr.raman

ok i get all the points you make. so your conclusion is that the court fee has to be based on market value. i would like to know if there are any legal authorities for such a conclusion. thanks for the reply.


Registerexperts (company registeration)     02 February 2018

Shares are valued at face value.

Read more at: https://registerexperts.com

Srikanth   06 August 2021

Hi All: I am also in the same situation. My father's demat account is about Rs 25L market value and doesn't have a nominee. Is the stamp duty calculated on face value or market value?


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