Finance · Financial Markets
Under the Depositories Act, 1996, a depository is deemed to be the registered owner only for the purpose of:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Making decisions regarding corporate governance and board appointments
- 2Effecting transfer of ownership on behalf of beneficial owners✓
- 3Receiving dividends and corporate benefits on behalf of the investor
- 4Exercising voting rights at general meetings of the company
Correct answer
Effecting transfer of ownership on behalf of beneficial owners
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