New Click here to Enroll for SIDBI MSME Expert Classes by Experts

    Register

    Question

    Which section of the Companies Act delas with the public

    offer of securities to be in dematerialised form?
    A Section 25 Correct Answer Incorrect Answer
    B Section 26 Correct Answer Incorrect Answer
    C Section 27 Correct Answer Incorrect Answer
    D Section 28 Correct Answer Incorrect Answer
    E Section 29 Correct Answer Incorrect Answer

    Solution

    Section 29 Public offer of securities to be in dematerialised form- (1) Notwithstanding anything contained in any other provisions of this Act: (a) every company making public offer; and (b) such other class or classes of companies as may be prescribed, shall issue the securities only in dematerialised form by complying with the provisions of the Depositories Act, 1996 (22 of 1996) and the regulations made thereunder

    Practice Next