There is a question pertaining that when is the exact time to do Rematerialisation. Beneficial owner or shareholder submits a request to the DP for Rematerialisation of its holdings in its account. DP is basically known to intimate NSDL or CDSL of the request electronically through the system. NSDL or CDSL is basically known to confirm Rematerialisation request to the RTA. RTA is often known to update accounts and prints certificates. NSDL or CDSL updates accounts and downloads details to DPs. RTA dispatches certificates to investors. The question that is known to persist is that what the basic procedure for applying for a Duplicate Certificate is. The Shareholder has to first and foremost inform the Company of the loss of Share Certificate and file an FIR with the Police Station of his area reporting the loss of shares which describes the process of Rematerialisation. Related to the process of Rematerialisation it can well be said that a copy of the FIR accordingly attested in innovative has to be sent to the Company along with a letter, signed by the investor to allow us to send him the process for obtaining Shares which can well be termed as duplicate.
Regarding the Rematerialisation it can also be told that the Company requires the shareholder to execute an Indemnity Bond and Affidavit on hundred rupees and ten rupees non Judicial Stamp paper as per the attached formats. According to the process of Rematerialisation it can well be told that Indemnity Bond and Affidavit should be signed by the shareholder and joint holders.
Home >>rematerialisation
It is a fact worth mentioning that the process of reconverting demats shares to physical shares is called Rematerialisation. Security resolution in Indian securities markets takes place only in the demat form and hence, it is sensible to hold shares in the demat form only to speedily sell shares as and when desired. An investor can always make Rematerialisation shares only when he has no purpose to put up for sale his holdings and wants to grasp shares only for investment for the extensive term.
It is a fact worth mentioning that the process of reconverting demats shares to physical shares is called Rematerialisation. Security resolution in Indian securities markets takes place only in the demat form and hence, it is sensible to hold shares in the demat form only to speedily sell shares as and when desired. An investor can always make Rematerialisation shares only when he has no purpose to put up for sale his holdings and wants to grasp shares only for investment for the extensive term.
