
Summary: Private companies in India are required to dematerialise their securities, but the existing demat onboarding process appears to be designed for Indian shareholders only. There is no proper onboarding guidance for foreign body corporates, leaving registrars and share transfer agents (“RTAs”) and depository participants to devise their own, often inconsistent, documentation standards and processes. The result is unnecessary delays, extended timelines, and avoidable uncertainty in cross-border transactions.
Continue Reading Dematerialisation for Foreign Shareholders: A Regulatory Gap Hiding in Plain Sight






