What are the things to be ensured before accepting DIS request from customer?


The branch official should verify the following prior to acceptance of DIS:


  1. DIS is filled completely in all respects and signed by all the holders of the account.


  1. The signature should match as per DP records available in DP class.


  1. Correction or overwriting on DIS, if any, must be authenticated by all the holders. White ink should not be used on correction or any other part of DIS.


  1. MOSL supplementary annexure must be attached in case of Off-market and inter-depository trades other than market and margin transfers within MOSL. It should also be attached in case of market trades where pool account is outside MOSL.


  1. The DIS must be stamped with Motilal Oswal Securities Ltd. round seal only. Never use Motilal Oswal Depository Services Ltd or any other round seal.



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