The simplified documentation, currently, is allowed for holdings up to Rs 5 lakh for physical securities and Rs 15 lakh for dematerialised holdings. It is proposed to revise these limits to Rs 10 lakh for physical holdings and Rs 30 lakh for demat holdings. A new category of “Straight Through Processing” is also proposed for very small claims with minimal documentation. The paper further recommends standardising documentation requirements, removing mandatory probate of wills in many cases, clarifying authorities for issuing legal heirship certificates, and expanding acceptable proof of death for investors who die abroad. The comments/ feedback fro stakeholders is invited.