Question

what is a depository participant??

Answer 1

Depository participant is described as an agent of the depository.

Answer 2

Depository participant – can be described as an agent of the depository. They are the mediators between the depository and the investor. You cannot directly interact with NSDL or CDSL. You need to liaison with a DP to open and maintain you DEMAT account.

When you buy a share (a share represents a part ownership in a company) the only way to claim your ownership is by producing your share certificate. A share certificate is nothing but a piece of document entitling you as the owner of the shares in a company.

Cpyd frm gl