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प्रश्न
Study the following case/situation and express your opinion.
Mr. S holds 50 shares of Peculiar Co. Ltd. in demat form. The company has declared a dividend of ₹ 5/- per share and a Bonus of 1:1 to its shareholders.
- How will Mr. S get his dividend?
- Will he get a Bonus share in Physical or demat?
- Who is entitled to dividend and Bonus: Mr. S or the depository? (NSDL in this case)
उत्तर
- Under the depository system, the account of the investor is automatically credited in case of corporate action. So, Mr. S will get his divided through the depository in his bank account which is linked with the depository.
- Since Mr. S holds the shares in demat form, the bonus shares also will be received in demat form and will be directly credited to this demat A/c.
- Mr. S is the beneficial owner and hence, he is entitled to the dividend and bonus.
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संबंधित प्रश्न
Select the correct answer from the options given below and rewrite the statement.
______ is the oldest depository in India.
In India ISIN for corporate securities is allotted by ______.
Select the correct answer from the options given below and rewrite the statement.
NSDL is promoted by ______.
Select the correct answer from the options given below and rewrite the statement.
CDSL is promoted by ______.
Write a word or a term or a phrase which can substitute the following statement.
The oldest Depository of India.
Write a word or a term or a phrase which can substitute the following statement.
The country where depository system started for the first time.
Find the odd one.
Complete the sentence.
The Indian Depository Act was passed in the year ______.
Complete the sentence.
The first depository of India is ______.
Select the correct option for the following.
First depository in India ____________.
Answer in one sentence.
When was Depository Act passed in India?
NSDL & CDSL are the only depositories that exist in India.
