BOs can enjoy the instant transfer of ownership if they have holdings in demat form. It minimizes
the risk associated with the physical certificates. All listed companies in NEPSE must admit their
securities with CDSC as well and the settlement of such securities are done in demat form. Hence, BOs must open a demat account for transacting in the capital market.
As mentioned in the Securities’ Central Depository Services Regulation, 2067, the issuers have to
admit their securities with the depository and the BOs have to dematerialize their holdings for
transacting in the capital market. Hence, dematerialization is mandatory.
BOs have to immediately inform their DP about the statement loss and have to submit the
application to provide the copy of lost statement.
BOs should immediately contact their DP if there are any discrepancies in the holdings of
securities. In case the problem is not solved by DP, BOs must approach directly to CDSC.
BOs get information about the update of their account after each transaction through the
following means:
- DP provides a statement of transactions at end of every three months. BOs can get the
updated information via a statement provided. - With the launch of easy (Electronic Access to Securities Information), BOs can get the
updated information about their demat account at any point in time with the access of the
The process of opening a demat account is very simple and easy. It is similar to opening a bank
account. The process of opening a demat account is as follows:
A demat account can be opened and maintained even with zero balance.
Different securities, even of the same issuer, are provided a distinct ISIN number as an
identification of the securities and each ISIN is maintained and accounted separately within an
account. Therefore, there is no question of mix up of securities held in one demat account.
Yes. Any number of securities admitted with CDSC can be dematerialized and held in a single
account in case securities are owned by a single investor.