08-Oct-2022 11:27 AM
How to create encumbrances on securities in demat form?
The term “encumbrance” includes all types of pledges and liens. Pledging simply means taking loans against the shares that one holds. pledged shares would remain in the demat account of the pawnor only, However, the pawnor would not be able to trade the pledged securities. For pledging the shares person has to initiate a request using the trading terminal
Answer given by Shubhamm Sir at 10-Oct-2022 05:58 PM