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The Process of Demat Account and Conversion of Physical Share Certificates to Demat 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