https://www.taxtmi.com/article/detailed?id=2101 Dematerialization converts physical share certificates into electronic balances in a beneficial owner account upon execution of a prescribed agreement with a Depository Participant and issuance of a Client ID. The holder must surrender defaced certificates with a Dematerialization Request Form; the company or its registrar and transfer agent, after scrutiny and cancellation of certificates, must electronically authorize the depository to credit the holder's account. The depository credits accounts only after receiving such authorization. Companies must establish electronic connectivity or enter into arrangements and agreements, including tripartite agreements where applicable. Dematerialized securities are fungible and the beneficial owner holds rights and liabilities and is treated as a company member. en-us Mon, 08 Apr 2013 16:32:06 +0530 Sat, 14 Sep 2013 22:28:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=2101 Dematerialization converts physical share certificates into electronic balances in a beneficial owner account upon execution of a prescribed agreement with a Depository Participant and issuance of a Client ID. The holder must surrender defaced certificates with a Dematerialization Request Form; the company or its registrar and transfer agent, after scrutiny and cancellation of certificates, must electronically authorize the depository to credit the holder's account. The depository credits accounts only after receiving such authorization. Companies must establish electronic connectivity or enter into arrangements and agreements, including tripartite agreements where applicable. Dematerialized securities are fungible and the beneficial owner holds rights and liabilities and is treated as a company member. Articles Corporate Laws / IBC / SEBI Mon, 08 Apr 2013 16:32:06 +0530 https://www.taxtmi.com/article/detailed?id=2101