In case of returned dividends/interest/redemption, the company will be obligated to inform the Demat account holders by registered post as well as by email/SMS to update their correct bank account details.Further, the companies and depositories must engage in a sustain...
However, the possession of physical shares has not yet been prohibited by SEBI but to transfer them, they first need to be converted into electronic mode. This implies the mandatory requirement of the dematerialisation of physical shares and holding them in the online Demat account. ...