LIVE GST Certification Course by CA Arun Chhajer begins 27th April. Register Now!!

Shares in physical form

CA. Rashi Goyal (Chartered Accountant) (512 Points)

15 March 2011

We hadpurchased shares of listed company in the year 2000, till date these shares are held in physical form.

Is it compulsory to convert these into demat form or we can continue to hold them in physical form?

Regards,

Rashi Goyal

Reply
Follow
Share

3 Replies

Lalit Kumar (Vice President ) (2213 Points)
Replied 15 March 2011

U can continue to hold.. but if u want to sell it u have to compulsorily convert it into dematerialized form.. for tat go to ur broker, ask him conversion form.. he will give u a form. fill in the details attach the shares in physical form and give it back to broker.. in a week s time those shares will be converted. then only u can sell those..

CA Sukriti Jain (Senior, EY) (1179 Points)
Replied 15 March 2011

thanks lkr

Ramalingam K (Founder & Director - Holistic Investment Planners (P) Limited) (21077 Points)
Replied 09 May 2014

A Study on Physical Gold and Gold ETF

Gold as an Investment:

Stock Market has lead to tendency of many to go in for much safer investments that gives a reasonable return. This is the reason for gold gaining popularity as one of the safest avenues for investment irrespective of the gold price moving up day by day.

https://www.holisticinvestment.in/gold-etf

With Regards,

Ramalingam,

Director,Chief Financial Planner.

HOLISTIC INVESTMENT PLANNERS PRIVATE LTD

“Best Performing Financial Advisor Award” Winners from CNBC TV18

Website: www.holisticinvestment.in