Securities in depositories to be in fungible form

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..... rities in depositories to be in fungible form. 9. (1) All securities held by a depository shall be dematerialised and shall be in a fungible form. 1 [ (2) Nothing contained in sections 153, 1 .....

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..... 53B, 187B, 187C and 372 of the Companies Act, 1956 (1 of 1956) shall apply to the securities held by a depository on behalf of the beneficial owners. - - statute, statutory provisions legislation .....

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