It is quite possible that you may have inherited or someone in your family may be in possession of physical share certificates. Even though your parents may have the ownership and you may inherit them, unfortunately, they will not be inherited by you in reality, unless they are in dematerialized form. According to a circular… Continue reading Guide to transfer Physical Shares Certificates, inherently into dematerialized form.
INTRODUCTION: Dematerialisation concept took place in 1996 with the formation of National Securities Depository Ltd. (NSDL) and it enjoyed a virtual monopoly till establishment of another depository called Central Depository Services (India) Ltd. (CDSL). And thereafter, amidst competition, investors at large gain benefits of better servicing and the reduced cost of dematerialization process. The only… Continue reading The Process of Demat Account and Conversion of Physical Share Certificates to Demat form