Dematerialisation of Shares in private company

Life2014 (Professional) (100 Points)

29 September 2020  

I want to know about recent amendments in companies act that requires shares to be held in dematerialized form. These are some queries that I have in this regard.

1) Whether this is applicable to private limited company?
2) What are the conditions or threshold limits for its applicability to private company?

Looking forward your reply. Thank you.