Discover and read the best of Twitter Threads about #baddelivery
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one thing benefitted immensely from dematerialisation was the problem of bad delivery when shares were traded in physical format.#baddelivery .also the speed at which you had your shares in control.#demat
U received physical share certificates , which you then had to sent to the transfer agent with stamp duty to get transferred in your name . If the sellers signature mismatched in the records, the transfer of ownership did not happen. #baddelivery
The certificates were sent back to you . You then had to give them back to your broker from whom you purchased to get the signature rectified. #baddelivery
