NCLAT upholds NCLT Powers, dismisses BSE plea on defreezing demat accounts
New Delhi, March 29 (IANS) The National Company Law Appellate Tribunal (NCLAT) has dismissed appeals filed by the BSE, ruling that insolvency courts have the authority to order the defreezing of Demat accounts of companies undergoing insolvency proceedings. In its order, a two-member bench of the appellate tribunal said the National Company Law Tribunal (NCLT) […]
Demat accounts in India hit record 185 million in 2024
New Delhi, Jan 9 (IANS) As Indian equity benchmarks continue to outperform the global peers, the number of total demat accounts increased to record 185 million in 2024. The number of demat accounts increased by around 46 million over the last one year period, representing an average increase of 3.8 million accounts per month. According […]
