Regarding sebi or nse/bse or demat a/c
rajesh kumar singh bhadouria
(Querist) 10 February 2014
This query is : Resolved
WHAT IS THE DIFFRENCE BETWEEN BANK A/C AND THE DEMAT A/C .
WHAT IS THE IMPORTANCE OF DIS( DELIVERY INSTRUCTION SLIP) ?
WHAT SHOULD BE ACTION CAN BE TAKEN IF SOME ONE CHEAT MONEY TO SHOW HIS DIS AND PROMIS TO TRANSFERV THE SHARES AGAIST THE MONEY ?
Devajyoti Barman
(Expert) 10 February 2014
Sorry, academic queries are not replied here.
Rajendra K Goyal
(Expert) 11 February 2014
Academic query. Consult local share broker.
Guest
(Expert) 11 February 2014
I wonder, if a managing director of a company is not being kept appropriately informed by his company secretary or CA about some very crucial company's share & stock or the banking related terms!
For appropriate advice, you may better make a mention of the real problem, if you actually face in person. However, if related to your company business, queries of commercial nature are discouraged by the experts, as like academic queries.
ajay sethi
(Expert) 11 February 2014
academic query
rajesh kumar singh bhadouria
(Querist) 11 February 2014
dear friends it was a query to know what the my friends hear think about the stock =-market and how much knowledge he has about this topic.
R.V.RAO
(Expert) 12 February 2014
bank account deals with inflow and outflow of hard cash and funds and currency in account form.regulated by banking co's act .ATM operations allowed to draw money.
where as demat account is governed by sebi regulations.
your shares are not kept in physical form but in dematerialized or non physical form. this saves time and money as paper shares get older, destroyed, torn etc...
you have to necessarily deal in share transactions like buy/sell through recognized stock broker/sub broker, because in that case, if you sell shares, you get money as per pay in regulations.
similarly if you buy shares, pay as per pay out regulations. the stock brokers are authorized and ensure safety of your transactions. Also there is no need to part with your delivery slips before hand.
sale/buy of shares through outside stock exchange mechanism is called off market deals, where you need to be careful ,as nobody is there to ensure safety of your money/shares.
pl. take help of a local financial/investment advisor help.
T. Kalaiselvan, Advocate
(Expert) 12 February 2014
Though this was an academic query, learned expert Mr. R.v. Rao has explained in depth about the query raised, hope this solves the author's quest about his friend's thoughts absorbed by him in the form of a query here. An appreciable information shared by the expert Mr. Rao.
R.V.RAO
(Expert) 13 February 2014
thank you sri kalaiselvan.
