Examples of Joint Holders in a sentence
Accordingly, individuals (including Joint Holders who are individuals, NRIs but not PIOs, Minors) and Sole proprietary firms who do not possess a PAN ("Eligible Investors")* are exempt from submission of PAN for investments upto Rs.50,000 in a rolling 12 month period or in a financial year i.e. April to March.
As per AMFI notification and Guidelines issued on July 14, 2009, SIPs or lumpsum by eligible investors where aggregate (under all schemes of Mutual Fund) in a rolling 12 month period or in a financial year i.e. April to March does not exceed ` 50,000 (known as “Micro SIP”) shall be exempted from the requirement of PAN.2. This exemption of PAN requirement is only available to individuals (including Joint Holders, NRIs but not PIOs), Minors and Sole proprietary firms who do not possess PAN*.
Accordingly, individuals (including Joint Holders who are individuals, NRls but not PlOs, Minors} and Sole proprietary firms who do not possess a PAN (“Eligible Investors”)* are exempt from submission of PAN for investments upto ` 50,000 in a rolling 12 month period or in a financial year i.e. April to March.
Nominee(s) can be nominated only by single Unit Holder when there are no Joint Holders.
Joint Holders (clause 9.8) CHESS is currently being replaced by ASX with a projected go-live date of April 2023.