Indian Asset - Demat account

We have been attempting to deal with a significant parcel of Indian shares for some time and only now has the agent mentioned the need to open a DEMAT account to enable the sale. Apprently share trading in India has long been dematerilaised. Foreign probate is secured (UK domicile case) and the shares ascertained.

Has anyone any experience on this whole process as to approaching a suitable party, preferably in this country, to open such an account as the agent appears out of his depth?

Nick Dimmock

Hi Nick,
This will be a blast form the past for you - did you manage a resolution? We are having a difficult time trying to sell shares listed in India on an estate.
Many thanks,
Philip

Hi Phil

I replied to your LinkedIn post and sent you details of a contact. Have you seen that I wonder?

Thanks

Sara

Hi Sara, yes your referral was fantastic. The power of TDF! We are now speaking to SNG & Partners in Delhi. Many thanks and see you soon

Thank you Philip. All credit to Hilesh really :grin:.

Sara

Sara Spencer ATII TEP | Trust Manager

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