Introducing the “In Favour Of” filter in Case Laws.
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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Beneficial owners can exit depository system by notifying depository, requiring physical certificate issuance within thirty days</h1> A beneficial owner may opt out of a depository system for any security by informing the depository. Upon receiving this notice, the depository must update its records and notify the issuer. The issuer is required to issue physical security certificates to the beneficial owner or transferee within thirty days of receiving the depository's intimation, subject to fulfilling specified conditions and paying prescribed fees as outlined in regulations.
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