Hello fishes,

Can anyone help me from this bowl, i am a new joiner & have to disclose my equity shares demat account details in icomply.

I wanted to know can I transfer my equity shares to my brother account, since we are not living in under same room he is living in different city, then do I need to disclose it if I transfer to my brother's account or any how I have to disclose & then transfer & is it applicable to MF, bonds & treasury bills as well?

I have an demat account in upstox & skse

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Hi .. Better to shift your demat to CS designated broker and declare it in icomply, because even if you do not trade or do not have any shares in your demat you still need to declare it.
Later if they find out that you transferred shares to someone else's account post joining and did not declare .. it might raise issues and unnecessary queries.

All the best !

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They ask to declare accounts of spouse or parent if they are staying under same roof.. in other words if you have power to influence their investment decisions .. so yes declare accordingly..
Declare what you have now and then you will have a time limit in which you need to open a new account with designated broker for transfer.
Talk with them once on your case if any queries they are very clear on the process and will be able to answer

Open new demat in HDFC securities and transfer in your name, there are list of brokerage they allow you to have demat

You can transfer to brothers account, but associated party need to be declared like father and wife . I think you don't need to declare brother's account so you can transfer

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