Compulsory dematerialized trading requires companies to establish depository connectivity before mandatory market settlement in dematerialised form. Companies must establish connectivity with both depositories and observe a three month interval after confirmed connectivity before their scrips become subject to compulsory dematerialized trading. Scrips of companies that fail to establish connectivity by the scheduled date are to be traded only in the trade for trade settlement window until depositories confirm connectivity, after which they revert to normal trading and eventually to compulsory dematerialized trading following the three month period.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Compulsory dematerialized trading requires companies to establish depository connectivity before mandatory market settlement in dematerialised form.
Companies must establish connectivity with both depositories and observe a three month interval after confirmed connectivity before their scrips become subject to compulsory dematerialized trading. Scrips of companies that fail to establish connectivity by the scheduled date are to be traded only in the trade for trade settlement window until depositories confirm connectivity, after which they revert to normal trading and eventually to compulsory dematerialized trading following the three month period.
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