https://www.taxtmi.com/article/detailed?id=9920 Compulsory dematerialisation imposes operational and compliance burdens on limited companies and shareholders, particularly where issuers are small, closely held, or infrequently traded, and where shareholders prefer or need physical certificates. Registrar and depository procedures often treat conversion as a transfer, requiring strict verification that complicates conversion of historical or irregular holdings. The commentary proposes limiting compulsory dematerialisation to large issuers defined by thresholds for shareholder numbers and transfer activity, and making dematerialisation optional for other companies so issuers or shareholders may retain physical form. en-us Tue, 27 Jul 2021 11:09:49 +0530 Tue, 27 Jul 2021 11:09:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9920 Compulsory dematerialisation imposes operational and compliance burdens on limited companies and shareholders, particularly where issuers are small, closely held, or infrequently traded, and where shareholders prefer or need physical certificates. Registrar and depository procedures often treat conversion as a transfer, requiring strict verification that complicates conversion of historical or irregular holdings. The commentary proposes limiting compulsory dematerialisation to large issuers defined by thresholds for shareholder numbers and transfer activity, and making dematerialisation optional for other companies so issuers or shareholders may retain physical form. Articles Other Topics Tue, 27 Jul 2021 11:09:49 +0530 https://www.taxtmi.com/article/detailed?id=9920