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?
Ruchira Gupta
(Expert)
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
Ruchira
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