Question

Which Section of Companies Act, 2013 mandates the issuance of securities in “Demat” form for companies making public offers?

A Section 32 Correct Answer Incorrect Answer
B Section 30 Correct Answer Incorrect Answer
C Section 29 Correct Answer Incorrect Answer
D Section 28 Correct Answer Incorrect Answer

Solution

Section 29 of Companies Act, 2013: Public offer of securities to be in dematerialized form.

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