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Issue of Debentures as Collateral Security

When a shareh...

Question

When a shareholder wants to rematerialize his shares he should write to _____________.

A

DP

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B

company

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C

registered office of the company

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D

bank where his DP account is

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Solution

The correct option is A DP
When a shareholder wants to rematerialize his shares he should write to depository participant.In dematerialization of shares depository participant passes the physical shares to company for making it into electronic form. Depository participant refers to the agent between depository and investors

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Issue of Debentures as Collateral Security

Standard XII Accountancy

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