NSDL Freezes 20 Lakh Demat Accounts

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Home : Markets : Stock Markets : NSDL Freezes 20 Lakh Demat Accounts Email to a friend \| Print version \| NSDL Freezes 20 Lakh Demat Accounts By Indiapressagency.com on January 03,2007 Related news » Deadline For Default Demat Accounts Nears by Newsdesk posted on Sep 20,2006 » Deadline for PAN Compliance Extended by correspondent posted on Sep 27,2006 » Three Companies Get Relief From SEBI Demat Ban by Newsdesk posted on Jul 29,2006 » Biometric PAN For You From Next Year by Newsdesk posted on Sep 07,2006 » DLF's Rs 15,000 Cr IPO Called Off by correspondent posted on Aug 31,2006 After extending the deadline twice earlier, the National Securities Depository Ltd (NSDL) has frozen over 20 lakh demat accounts following the failure of the account holders to submit PAN card details before December 31 deadline. The Securities and Exchange Board of India (SEBI) had made it mandatory for all investors to provide PAN card details for transactions in the cash market from January 1, 2007. 482 times read
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