Hello, is it necessary to amend the PPM (Private Placement Memorandum) due to the dematerialization of AIF (Alternative Investment Fund) units? Given that redemptions/issues would now be processed in dematerialized form, what would be your suggestion regarding this?
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Pls suggest the procedure to demote the physical shares of the company pledged in bank.
Dear Members,
is it mandatory to dematerialise every unlisted public limited company shares? Except few..
except a public company which is a Nidhi, a Government company or a wholly owned subsidiary.
Dear professional,
This query is regarding Dematerialsation of physical share of unlisted public company as per rule Rule 9A.
The rule say that No share shall be allotted or transferred on or after October 2018 unless all the existing share of the company is dematerialized.
We suggested our Client company to demat their share but they denied to do so because they will not allot or transfer the share of the Company in future .
Whether there is any violation of law if the company do not demat their share. Please reply.
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'In view dematerialization of equity shares of unlisted public companies, what is the process for the transfer of shares from resident Indian to NRI? '
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Please share the requirement/applicability of Dematerialisation of Pvt Co. Shares.
Procedure to get the shares of Private Limited Company dematerialized ?
Is Nidhi company required to do the same?
As it is not possible for 200+ members to open a demat account to do the proceedings.
And further many members are not traceable in such companies?
Please guide on the same what to do, and how to proceed further?
Please guide.