{"id":4990,"date":"2026-03-26T01:22:01","date_gmt":"2026-03-26T01:22:01","guid":{"rendered":"https:\/\/bhatiabhola.com\/?p=4990"},"modified":"2026-03-26T01:22:02","modified_gmt":"2026-03-26T01:22:02","slug":"sebi-consultation-paper-dated-17-03-2026-modified-norms-for-nomination-in-demat-and-mutual-fund-accounts","status":"publish","type":"post","link":"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/03\/26\/sebi-consultation-paper-dated-17-03-2026-modified-norms-for-nomination-in-demat-and-mutual-fund-accounts\/","title":{"rendered":"SEBI Consultation Paper Dated 17\/03\/2026 &#8211; Modified Norms for Nomination in Demat and Mutual Fund Accounts\u00a0\u00a0"},"content":{"rendered":"\n<p>SEBI proposes to remove the provision allowing nominees to operate accounts during investor incapacitation and instead relying on the existing Power of Attorney mechanism. To simplify nomination, only the nominee\u2019s name and relationship with the investor would be mandatory, while other details such as address, contact information, personal identifiers, and percentage share would be optional. The nomination would become the default option while opening accounts, with investors required to explicitly opt out through a consent declaration. The maximum number of nominees would be reduced from 10 to 4 to avoid operational strain and align with banking norms.\u00a0<\/p>\n\n\n\n<p><a href=\"https:\/\/www.sebi.gov.in\/reports-and-statistics\/reports\/mar-2026\/consultation-paper-on-modified-norms-for-nomination-in-demat-accounts-and-mutual-fund-folios-_100425.html\"><em>(Link: SEBI Consultation Paper Dated 17\/03\/2026)<\/em><\/a><strong><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SEBI proposes to remove the provision allowing nominees to operate accounts during investor incapacitation and instead relying on the existing [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"enabled":false},"version":2}},"categories":[95,52],"tags":[],"class_list":["post-4990","post","type-post","status-publish","format-standard","hentry","category-reports-for-public-comments","category-sebi"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SEBI Consultation Paper Dated 17\/03\/2026 - Modified Norms for Nomination in Demat and Mutual Fund Accounts\u00a0\u00a0 - Bhatia Bhola &amp; 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