Sunday, May 19, 2013

IPO Scam: With Special Referance To NSDL V. SEBI Case

IPO Scam: With Special Referance To NSDL V. SEBI Case
Depositories Act, 1996 was passed to provide for the establishment of depositories in securities with the objective of ensuring free transferability of securities with speed, accuracy and security. Two depositories, viz., NSDL and CDSL, have come up to provide instantaneous electronic transfer of securities. The process was known as dematerialization.
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