I came across several people, ( Mostly CA.... as are the ones.. who understand money and its working system..more ) who buy SHARES @ discounted price, How it works GOOD for them ?
can someone throw more light , on this trading , as BSE website says , this avenue can be used for ONCE only, as those who BUYS these shares in physical form has to have there DEMAT account , has to compulsorily DEMAT those shares to it TO GAIN ITS FRUITS , NO FURTHER SELLING ( 2nd sell or so on ..) IS PERMITTED , I would like to know , How this system works , Like any equity share if TRADING(demat) online @ 1000, but Mr.A with jt holding with Ms.B and Mr. C has those shares in physical form as share certificate , instead opting for , opening a DEMAT ACCOUNT and FURTHER CONVERSION of those shares , that can be traded in PHYSICALFORM to MR.LMN ( who already does have a demat account )at predecided discounted price
CAclubindia
