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Suspended Company

This query is : Resolved 
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(Querist)
03 May 2011 Can we send shares for demat in a company which is currently suspended due to penal reasons.
Thanks in anticipation.
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Amol Gopal Kabra (CA,CS,DISA)

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Amol Gopal Kabra (CA,CS,DISA) (Expert)
03 May 2011 There is no problem in De-materialization of shares even if the trading of the same is suspended. Only the thing is that you cant trade those shares till the ban is lifted.
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