Commerce Exam > Commerce Questions > Which is permanent representative personal ac...
Start Learning for Free
Which is permanent representative personal account of shareholders?
Most Upvoted Answer
Which is permanent representative personal account of shareholders?
Permanent Representative Personal Account of Shareholders
Features of Permanent Representative Personal Account of Shareholders
Advantages of Permanent Representative Personal Account of Shareholders
Conclusion
In conclusion, Permanent Representative Personal Account of Shareholders is an essential account for shareholders who hold physical shares in a company. It provides a secure and convenient way for shareholders to manage their holdings and other details related to the company. It also ensures transparency and ensures that shareholders receive all the benefits entitled to them.
Permanent Representative Personal Account of Shareholders is a type of account used to record the holdings of a shareholder in a company. It is maintained by the company's registrar and transfer agent on behalf of the shareholder. This account is mandatory for all shareholders who hold shares in physical form.
Features of Permanent Representative Personal Account of Shareholders
- All details of the shareholder such as name, address, and contact details are recorded in this account.
- The account is maintained electronically and is accessible to the shareholder through a unique login ID and password.
- The shareholder can view his/her holdings, dividend payments, and other details related to the company in which he/she holds shares.
- Any changes in the details of the shareholder such as a change in address or bank account details can be updated in this account.
- The shareholder can also use this account to transfer shares to another person or to dematerialize the shares.
Advantages of Permanent Representative Personal Account of Shareholders
- The account provides a secure and convenient way for shareholders to manage their holdings and other details related to the company.
- It eliminates the need for physical share certificates, which can be lost or stolen.
- The shareholder can access the account from anywhere and at any time using a computer or mobile device with an internet connection.
- The account provides transparency and ensures that the shareholder receives all the benefits entitled to him/her, such as dividends and bonus shares.
- The account also facilitates the process of transferring shares and dematerialization of shares.
Conclusion
In conclusion, Permanent Representative Personal Account of Shareholders is an essential account for shareholders who hold physical shares in a company. It provides a secure and convenient way for shareholders to manage their holdings and other details related to the company. It also ensures transparency and ensures that shareholders receive all the benefits entitled to them.
|
Explore Courses for Commerce exam
|
|
Similar Commerce Doubts
Top Courses for CommerceView all
Which is permanent representative personal account of shareholders?
Question Description
Which is permanent representative personal account of shareholders? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Which is permanent representative personal account of shareholders? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which is permanent representative personal account of shareholders?.
Which is permanent representative personal account of shareholders? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Which is permanent representative personal account of shareholders? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which is permanent representative personal account of shareholders?.
Solutions for Which is permanent representative personal account of shareholders? in English & in Hindi are available as part of our courses for Commerce.
Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
Here you can find the meaning of Which is permanent representative personal account of shareholders? defined & explained in the simplest way possible. Besides giving the explanation of
Which is permanent representative personal account of shareholders?, a detailed solution for Which is permanent representative personal account of shareholders? has been provided alongside types of Which is permanent representative personal account of shareholders? theory, EduRev gives you an
ample number of questions to practice Which is permanent representative personal account of shareholders? tests, examples and also practice Commerce tests.
|
|
Explore Courses for Commerce exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup