ISSUE OF PHYSICAL SHARES

This query is : Resolved 

03 February 2009 TEH COMPANYS SHAERES ARE TRADED IN COMPULSORY DEMAT MODE AND THEY WANT TO ISSUE SHARES IN PHYSICAL MODE . IS THERE ANY LAW /ACT TO PREVENT THEM FROM ISSUING THE SHARES?

03 February 2009 Once the shares are in compulsory demat form, the company cannot issue physical shares certificates unless they get the earlier shares rematted. Please see the Depositories Act.

Ruchira

03 February 2009 thanks


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