Consultation paper on Opening of demat account in the name of Association of Persons (AOPs) for holding certain securities in dematerialized form

SEBI has issued a Consultation paper on Opening of demat account in the name of Association of Persons (AOPs) for holding certain securities in dematerialized form to solicit views from stakeholders and public on the proposal to clarify that Association of Persons (AOPs) can open a demat account in the name of AOP to dematerialise and hold securities (other than equity shares).