Demat of shares

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Querist : Anonymous

Querist : Anonymous (Querist)

22 August 2012 Is it mandatory to have a provision in the articles of the unlisted company for demat of shares ?
Can a company directly demat its shares by board resolution or it will have to amend the articles?
Thanks

Ajay Mishra

Ajay Mishra (Expert)
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22 August 2012 Hi

Your article should have some provisions of demat of shares.

Querist : Anonymous

Querist : Anonymous (Querist)

23 August 2012 Thank you sir for the reply, but can you provide me some back up in writing which says that we need to amend the articles.Also let me know the section which says the same

Thanks

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