Public Offer of Securities to be in dematerialised form
This article is written by Calista Chettiar, a Second-Year BA. LL.B. (Hons.) student from NMIMS, School of Law, Bangalore. INTRODUCTION: As per Indian law, shares of unlisted companies might well be held in dematerialized form (i.e., with the depository participant by establishing a ‘De-mat account’) or in physical reality (i.e., evidenced by letters of assignment…