P. 1
Depository System

Depository System

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Published by PRIYANK
various depositories in indian market
various depositories in indian market

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Categories:Types, School Work
Published by: PRIYANK on Apr 17, 2010
Copyright:Attribution Non-commercial

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08/18/2013

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ThissystemcameintoforcewitheffectfromSeptember20,1995
.
DEPOSITORY SYSTEM
 
What Is Scrip Based System?
y
Scrip based system of securities transactionsinvolves enormous paper work involvingcertificates and transfer deeds.
y
Simply, securities are held in physical form.
 
F
eature of scrip based system:
1.
There is physical movement of securitiescertificates along with transfer deeds.
2.
Registration with the company.

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