As a company secretary, you are required to advise on the following issues: Manoj Soni, a lawyer by profession, has a Demat account with a scheduled commercial bank but he wants to open another account with another depos
CS Executive · Capital Market and Securities Laws · PYQS · June 2024
As a company secretary, you are required to advise on the following issues: Manoj Soni, a lawyer by profession, has a Demat account with a scheduled commercial bank but he wants to open another account with another depository participant. Can he do so?
Answer & Explanation:
Yes, Manoj Soni has a choice to open another Demat account with any depository participant.
Topics: Depository System
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