FOR INDIA'S BEST CA CS CMA VIDEO CLASSES CALL 9980100288 OR VISIT HERE
PREDICT YOUR RANK!
Answer below questions and predict your rank
  • How important it is for you to pass the exam in this attempt?
  • What percentage of course you have finished well so far roughly?
  • How many hours you study in a day?
  • How many times you have revised the topics you have finished
  • Have you taken online or pen drive or live class from a renowned faculty?
  • What percentage of the classes you have watched?
  • Have you attempted mock tests or practice tests yet?
  • Are you planning to attempt mock tests conducted by external bodies- ICAI, ICSI, ICMAI or other institute?
  • How many tests you have taken?
  • Did you manage to finish the test papers on time?
  • Are you strictly following study material provided by the exam conducting authority such as ICAI/ICSI/ICMAI/Other Body?
  • How is your health in general?
  • How is your food habit?
  • Any interest in yoga or exercise or play sports regularly?
  • Planning to sleep well nights before the exams?
  • Planning to have light food and water before exams?

benefits of depository system ?

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 asked

    0       0 Answer Now Comment Report
6 Answers
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

It reduces the cost of the issue and the transfer of securities by eliminating stamp duty. It reduces the scope of theft, forgery damages to securities certificates. It eliminates bad deliveries. It entitles the transferee to all the rights associated with the securities immediately on the settlement of purchase transaction.

    0       0 Comment Report
Important Note – Preparing for CA Final?
CAKART provides Indias top faculty each subject video classes and lectures – online & in Pen Drive/ DVD – at very cost effective rates. Get video classes from CAKART.in. Quality is much better than local tuition, so results are much better.
Watch Sample Video Now by clicking on the link(s) below – 
For any questions Request A Call Back  
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

Dear Friend, -It reduces the cost of the issue and the transfer of securities by eliminating stamp duty. -It reduces the scope of theft, forgery damages to securities certificates. -It eliminates bad deliveries. -It entitles the transferee to all the rights associated with the securities immediately on the settlement of purchase transaction. -It enhances the liquidity of securities in the market. -It makes faster disbursement of non cash corporate benefits like rights, bonus, etc. possible. -It reduces brokerage by many brokers for trading in dematerialized securities. -It eliminates problems relating to change of address of investors, transmission etc. -It eliminates problems relating to selling securities on behalf of a minor.

    0       0 Comment Report
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

The benefits from the depositary system are following: It reduces the cost of the issue and the transfer of securities by eliminating stamp duty. It reduces the scope of theft, forgery damages to securities certificates. It eliminates bad deliveries. It entitles the transferee to all the rights associated with the securities immediately on the settlement of purchase transaction. It enhances the liquidity of securities in the market. It makes faster disbursement of non cash corporate benefits like rights, bonus, etc. possible. It reduces brokerage by many brokers for trading in dematerialized securities.

    1       0 Comment Report
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

**BENEFITS OF DEPOSITORY SYSTEM** Hi, Following are the benefits of depository system No danger of loss of share certificates since the shares are credited to your account. No possibility of bad deliveries. Elimination of all rise associated with physical certificates such as loss, theft, forgery, mutilation etc. No need to affix share transfer stamp as it is a paperless trading. No postal / courier charges. Less brokerage charges. After the settlement, pay in and pay out are on the same day for paperless trading which means you get your securities and cash immediately. Scriptless trading helps allocate corporate benefits faster. Facilitates pledging and hypothecation of securities Eliminates the problem of odd lot shares. Facility to lock your account if you are abroad. Thanks

    1       1 Comment Report
Picsjoin 2017224123730582 answered

Hie Uma, **The benefits from the depositary system are following:** - It reduces the cost of the issue and the transfer of securities by eliminating stamp duty. - It reduces the scope of theft, forgery damages to securities certificates. - It eliminates bad deliveries. - It entitles the transferee to all the rights associated with the securities immediately on the settlement of purchase transaction. - It enhances the liquidity of securities in the market. - It makes faster disbursement of non cash corporate benefits like rights, bonus, etc. possible. - It reduces brokerage by many brokers for trading in dematerialized securities. - It eliminates problems relating to change of address of investors, transmission etc. - It eliminates problems relating to selling securities on behalf of a minor.

    0       0 Comment Report
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

Dear Uma, The benefits from the depositary system are following: 1) It reduces the cost of the issue and the transfer of securities by eliminating stamp duty. 2) It reduces the scope of theft, forgery damages to securities certificates. 3) It eliminates bad deliveries. 4) It entitles the transferee to all the rights associated with the securities immediately on the settlement of purchase transaction. 5) It enhances the liquidity of securities in the market. 6) It makes faster disbursement of non cash corporate benefits like rights, bonus, etc. possible. 7) It reduces brokerage by many brokers for trading in dematerialized securities. 8) It eliminates problems relating to change of address of investors, transmission etc. 9) It eliminates problems relating to selling securities on behalf of a minor. Any other query feel free to contact us Writer CA chitranjan Agarwal

    0       0 Comment Report
Get Notifications
Videos
Books
Notes
Loading
Watch best faculty demo video classes

These top faculty video lectures will
help u prepare like nothing else can.