Answer-All securities held by a depository

Section 9 of Depository Act - Securities in depositories to be in fungible form. 9. 1 All securities held by a depository shall be dematerialised and shall be in a fungible form.

Question

All securities held by a depository

A shall be dematerialized.

B shall be dematerialised and shall be in a fungible form.

C Shall be in fungible form

D Shall not be dematerialized but will be in fungible form

E Shall be dematerialized but shall not be in fungible form

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SEBI Grade A Legal

All securities held by a depository

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