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TRANSFER AND TRANSMISSION OF SHARE. — SPCC STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceSPCCTRANSFER AND TRANSMISSION OF SHARE.3 Marks
Question
When share can be deposited in a DEMAT account?
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Answer

When a shareholder purchases the purchase of shares online through computer, it is possible to buy and sell shares in such a way. The person who purchases shares, is required to pay the agent / bank / institution with the brokerage.
  • The same institution from the account holder, from whom it has purchased the shares, lends the necessary funds to its bank account and as a result the shares are deposited in the demat account of the person.
  • Thus, the shareholder is found by a demat account.

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