No broker is accepting other broker's created demat account now
Its a serious violation of all SEBI rules. Demat was supposed to be interchangeable
Every broker runs always saying its too much hassle to issue a new POA etc etc
I never want to use DIS slips, It scares me to think that it will go through so many manual process and I am welcoming frauds by doing so. Many cases where DIS slips have been forged or duplicated by people and they lost their lifetime worth holdings