seller pan card mandatory for transfer of shares

Complaint Date:
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Category: Others

I am small investor having portfolio of Rs.50000/- and I donot wish to trade in stock market.I had sent my shares for internal family transfer so I will get out of market but SEBI rules is that seller PAN CARD is must .I am small investor and donot have any income so for one transaction I have to apply for PAN CARD is a harresment to me so please help me in this matter. Thank you.

seller pan card mandatory for transfer of shares
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