Shares held - physical form
This query is : Open
krishna ac
(Querist)
17 March 2019
For experts opinion please:
Does SEBI Rules invalidate shares held in physical form after 31-March,2019.
Can holder of physical shares DE-materialize after 31-March 2019
Does that mean the restriction applies to transfer and not holding physical shares.
Does SEBI Rules invalidate shares held in physical form after 31-March,2019.
Can holder of physical shares DE-materialize after 31-March 2019
Does that mean the restriction applies to transfer and not holding physical shares.
K Srinivas, CMA CS
(Expert)
17 March 2019
Exactly, the restriction applies only for the transfer of shares. SEBI guidelines do not invalidate physical holding of shares
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