ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -What is dematerialisation? Dematerialisation is the process by which physical certificates of an investor are converted to an equivalent number of securities in electronic form and credited into the BO’s account with his DP.

Detailed explanation-2: -What is the dematerialisation of securities? Dematerialisation is a process through which physical securities such as share certificates and other documents are converted into electronic format and held in a Demat Account. A depository is responsible for holding the securities of a shareholder in electronic form.

Detailed explanation-3: -Dematerialization is the process of converting your physical shares and securities into digital or electronic form. The basic agenda is to smoothen the process of buying, selling, transferring and holding shares and also about making it cost-effective and foolproof.

Detailed explanation-4: -What is Dematerialisation ? Dematerialisation is the process of converting physical share certificates and debentures into electronic format. The term ‘demat’ in Demat accounts stands for dematerialisation as investors essentially use the account to hold dematerialised shares and securities virtually.

Detailed explanation-5: -Rematerialisation is the process by which a client can get his electronic holdings converted into physical certificates. The client has to submit the rematerialisation request to the DP with whom he has an account.