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प्रश्न
Dematerialisation and Rematerialisation
उत्तर
Dematerialisation and Rematerialisation
| Basis | Dematerialisation | Rematerialisation |
| (1) Meaning | The process in which shares in physical form are converted into an electronic form is called Dematerialisation of Shares. | The process in which shares in electronic form are converted again into physical form is called Rematerialisation of Shares |
| (2) Account of Shares | On dematerialisation of shares, the account of the shares in the electronic form is maintained in the Demat Account by Depository Participants. | On rematerialisation of shares, the account of the shares in physical form is maintained by the company. |
| (3) Conversion | Shares are converted from original physical form into an electronic form. | Shares in electronic form are converted again into physical form. |
| (4) Option | Recently, SEBI has made dematerialisation compulsory for those shares and securities which are traded on large scale. | The process of conversion of shares from the electronic form back into physical form is optional and involuntary. |
| (5) Possession of Shares | Due to dematerialisation, the actual possession of shares and securities passes from the Investors to Depository Participants. | Due to rematerialisation, the actual possession of shares and securities passes from Depository Participant to Investors. |
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संबंधित प्रश्न
Select the correct answer from the options given below and rewrite the statement.
Demated shares are ______.
Select the correct answer from the options given below and rewrite the statement.
______ is a unique code given to a security.
Select the correct answer from the options given below and rewrite the statement.
______ has to apply for ISIN.
Write a word or a term or a phrase which can substitute the following statement.
This process converts securities into electronic form from physical form.
Write a word or a term or a phrase which can substitute the following statement.
This means securities are without distinctive identity number.
Write a word or a term or a phrase which can substitute the following statement.
This is the unique code for security given in depository system.
State whether the following statement is true or false.
ISIN is a unique code given to the specific securities.
Complete the sentence.
The unique code identifying a security is ______.
Select the correct option for the following.
Fungibility ____________.
Select the correct option for the following.
____________ ISIN.
Answer in one sentence.
What is Rematerialisation?
Correct the underlined word and rewrite the following sentence.
Depository Participant in India has to register under the partnership act.
Correct the underlined word and rewrite the following sentence.
ISIN is a code given to a company.
Arrange in proper order.
- Investor (BO) submits an application for securities to the issuer company.
- Depository intimates the DP about crediting BO's Account.
- Issuer company gives details of allotment to Depository.
Explain the following term/concept.
Rematerialization
Justify the following statement.
ISIN is necessary component of Demat.
Explain the constituents of Depository system.
Mr. Kishore wants to demat his 25 shares of Hero Company Ltd. bearing certificate no. 100 and distinctive no. 76-100:
- Which form is he required to fill as a written request to the DP-DRF or RRF?
- Does he have to fill instrument of transfer if he wishes to transfer the same after demat?
- Does he have to quote certificate number and distinctive number, if he wishes to transfer his shares after it is in demat form?
