Accountancy, asked by boraudit888, 1 month ago

what are the rights and Obligations of Depository Participants?​

Answers

Answered by Karu1405
5

Answer:

Every depository shall, on receipt of intimation from a participant, register the transfer of security in the name of the transferee.

The beneficial owner shall be entitled to all the rights and benefits and be subjected to all the liabilities in respect of his securities held by a depository.

Explanation:

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Answered by shivasinghmohan629
3

Answer:

Explanation:

(1) Every depository shall, on receipt of intimation from a participant, register the transfer of security in the name of the transferee. ... (3) The beneficial owner shall be entitled to all the rights and benefits and be subjected to all the liabilities in respect of his securities held by a depository.

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