Which of the following reasons will result in rejection of a dematerialisation request? a. The certificates sent are fake b. The certificates sent have a court injunction against them c. Securities are in a name other than that mentioned in the DRF
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a only
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a, b and c.
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a and b only
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a and c only
B
Correct answer
Explanation
All three reasons are valid for rejecting dematerialization requests. Fake certificates are obviously invalid. Court injunctions create legal impediments. Name mismatch means the person requesting dematerialization doesn't own the certificates. Partial rejection would be inconsistent - any single issue is enough to reject.