Legal Question in Banking Law in India

urgent with suitable reply

now the query is '' create charge on shares without registration and be able to sell the shares freely''


Asked on 5/27/08, 3:21 am

3 Answers from Attorneys

J. Radhakrishnan independent Practice

Re: urgent with suitable reply

It will not be possible to create a charge on demat shares without registration. Where shares are held in physical form, if a pledge or hypothecation deed is executed with specific reference to the shares in question with blank transfer forms duly signed, it may be possible to sell the shares after due notice.

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Answered on 5/27/08, 9:30 pm

Re: urgent with suitable reply

What is your query?

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Answered on 5/27/08, 3:34 am
Aniruddha Pawse Aniruddha.P.Pawse Advocates

Re: urgent with suitable reply

Already replied wrong forum

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Answered on 5/27/08, 9:10 am


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