Complaint against rta, company and more...

the advocate is appointed by the company to trap you. you should not send back those filled up form at all to the company. because if you do, the company might proov that shares are already dematted.

you stick to your position and don't respond to the advocate. if he gives you a contact number, ask him what he wants. if he threatens, call the police for help.

A share holder must have demat account for conversion of physical share certificates into demant. You have to submit at depository regisrar and obtain a receipt but do not send to the concern company. That is why they returns to you.

If you do not already have a demat account, the first step is to open a beneficiary account with a depository participant (DP). A DP is typically an agent/broker who interfaces with the depository (NSDL and CDSL). Many banks and stock brokerages offer this facility for a nominal rent. You will be required to fill an account opening form and sign an agreement with the DP along with proof of identity and address, PAN card and photograph.

But here’s a note of caution: your demat account should be in the same name as the ownership in physical form

Originally posted by : Rama chary Rachakonda
	A share holder must have demat account  ........

Sir, thanks for your participation & reply.  All the procedure you are talking about was followed perfectly in early 2015. The gentleman go who gave the first reply understood the scenario. Request you to re-read my original post, & you may add any additional suggestions/ advice if any. thanks.