A Private Limited Company proposes to get its shares converted into Demat Form.
1. What are the procedure to be followed for dematerialization of shares by a Private LImited Company?
2. Is it mandatory for a Private Limited Company to register itself with both the Depositories (i.e. NSDL & CDSL)? If not then which one is better to choose and on what grounds?
3.In order to get register with Depositories, a Company must have electronic connectivity with Depositories either it is "In house Connectivity or "Through Registrar & Share Transfer Agent". So which option (connectivity) is better to choose and why?
Kindly revert ASAP.
CAclubindia
