Tips to avoid fines for delayed share transfers after selling

Investors and new traders in Nepal have been receiving fines for failing to transfer shares on time. Those who have been fined have been claiming they do not have an idea of how to transfer shares to the person who has bought them. Additionally, some investors have been penalised with fines exceeding the profits made from selling the shares.

The most recent example of this is investors being required to pay Rs 27 million within just six months, between July 2023 and January 2024, as reported by CDS and Clearing .