Abhishek Paliwal Shares Insights with Business Standard on SEBI’s New Framework for Securities Transmission

Abhishek Paliwal was recently featured in Business Standard, where he shared his views on the Securities and Exchange Board of India’s (SEBI) newly introduced framework aimed at simplifying the transmission of securities to legal heirs.

Commenting on the relaxation of probate requirements under the new framework, Abhishek observed that the reform has the potential to significantly reduce procedural hurdles for investors and their families.

He noted, “This provision can reduce delay and costs, especially where there is no dispute over the genuineness of a will. This reform may have the most meaningful impact on timelines.”

Abhishek further highlighted the practical rationale behind SEBI’s differentiated approach towards smaller claims, stating, “It recognises that low-value claims should not be subjected to the same level of scrutiny as larger ones.” According to him, the revised framework strikes a balance between strengthening investor protection and ensuring that the transmission process remains efficient and proportionate.

The regulatory changes are expected to streamline the transfer of securities to legal heirs, reduce administrative burdens in uncontested cases, and improve the overall ease of succession for investors while maintaining appropriate safeguards against misuse.

Read the full Business Standard article here: https://www.business-standard.com/markets/news/what-sebi-s-new-framework-for-securities-transfer-means-for-heirs-126062301353_1.html

Last Updated on 27 June, 2026