Dematerialisation of Shares in private company

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I want to know about recent amendments in companies act that requires shares to be held in dematerialized form. These are some queries that I have in this regard.

1) Whether this is applicable to private limited company?
2) What are the conditions or threshold limits for its applicability to private company?

Looking forward your reply. Thank you.

Replies (1)
No it's not applicable to private company in any way


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