Which of the following statements regarding dematerialisation is false?

To answer this question, we need to understand the concept of dematerialisation.

Dematerialisation is the process of converting physical share certificates into electronic form. It allows investors to hold and trade shares in electronic form, eliminating the need for physical certificates.

Let's go through each option to understand why it is correct or incorrect:

Option A) NSDL doesn't charge its depository participants for dematerialisation - This statement is true. NSDL (National Securities Depository Limited) is one of the two depositories in India, and it does not charge its depository participants (DPs) for the process of dematerialisation. However, DPs may charge their clients for the dematerialisation process.

Option B) Odd lot shares can be dematerialised - This statement is true. Odd lot shares, which are shares in quantities other than the standard market lot, can be dematerialised. Dematerialisation of odd lot shares helps in facilitating trading and settlement of these shares.

Option C) Investor has to pay stamp duty for dematerialisation of shares - This statement is false. Stamp duty is not applicable for the dematerialisation of shares. Stamp duty is typically applicable when transferring shares, but not for the process of dematerialisation.

Option D) Shares not registered in the name of the concerned account holder (street name shares) can't be dematerialised - This statement is true. Shares that are not registered in the name of the concerned account holder, also known as street name shares, cannot be directly dematerialised. These shares need to be registered in the name of the account holder before they can be dematerialised.

Therefore, the false statement regarding dematerialisation is Option C) Investor has to pay stamp duty for dematerialisation of shares.

The correct answer is C.