It is also necessary to ensure that DIS numbers are pre printed and DP takes acknowledgment for the DIS booklet issued to investor. Ensuring that your account number is pre stamped is also one of the precautions that have to be taken with respect to Delivery Instruction slips. If the account is a joint account, all the joint holders have to sign the instruction slips. Instruction cannot be executed if all joint holders have not signed. It is also advisable to keep away from using loose slips. It is sensible not to leave signed blank Delivery Instruction slips with anyone that is through broker or sub broker.
The other main thing that can to be taken care of in case of such types of slips is to keep the Delivery Instruction slips book under lock and key when not in use. It is also a suggestion that if only one entry is made in the DIS book it is beneficial to strike out remaining space to prevent misuse by any one. It is also recommended that the Investor should personally fill in target account id and all details in the Delivery Instruction slips. Keeping track of your Delivery Instruction slips at frequent intervals is one of the other precautions that have to be taken.
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It is a matter of fact that to give the delivery of shares from one account to another account, the investor has to fill up a form which is known as Delivery Instruction Slips which is shortly known as DIS. There are many precautions that are to be taken in respect of Delivery Instruction Slips. In the case of Delivery Instruction slips it is more than necessary to ensure and insist with your DP to issue DIS book. DIS or Delivery Instruction Slips may be compared to cheque book of a bank account.
It is a matter of fact that to give the delivery of shares from one account to another account, the investor has to fill up a form which is known as Delivery Instruction Slips which is shortly known as DIS. There are many precautions that are to be taken in respect of Delivery Instruction Slips. In the case of Delivery Instruction slips it is more than necessary to ensure and insist with your DP to issue DIS book. DIS or Delivery Instruction Slips may be compared to cheque book of a bank account.
