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Whether CP can be held in dematerilaised form?

CP form held
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Whether CP can be held in dematerilaised form?

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Yes. CP can be issued either in the form of a promissory note (Schedule I) or in a dematerialised form through any of the depositories approved by and registered with SEBI. Banks, FIs, PDs and SDs are directed to hold CP only in dematerialised form.

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