Global IME Capital Limited

Depositary Participant

Definition

Global IME Capital Ltd is a license holder of Depositary Participant from SEBON and CDSC Ltd and opening Demat Accounts of Beneficiary Owners.

Global IME Bank Ltd  with permission of CDSC Ltd. agrees to perform  mutually with Global IME capital Ltd. as Depositary Participant under the license of Global IME Capital Ltd.

Hence, Beneficiary Owner could open DeMat Account at Global IME Capital Limited and any of the 85 branches of Global IME Bank Ltd. operating all over Nepal.

Services

                Opening of DeMat account,

                Dematerialization of Securities,

                Rematerialization of Securities,

                Maintainance of record of securities in the electronic form,

Settlement trades by transferring/receiving the securities from/in BO accounts,

Settlement of off-market trades that is occurred between BOs outside NEPSE,

Electronic credit of securities allotted by issuers during IPOs,

Deposition of  the non financial corporate benefits (such as: bonus, right shares, etc.) issued by issuers in the DeMat account of BOs,

Facilitating in pledging of dematerialized securities.

Benefits

Eliminates risk associated with physical certificates

Immediate transfer of securities

Immediate settlement cycle

Immediate distribution of shares allotted in IPO

Easy in portfolio management

Solve the problem of address change

Easy in pledge of securities

 

Applicable Laws

    

          Rules and Regulation

                      Securities Act, 2063.

                      Central Depository Service Regulation, 2010.

                      CDS Byelaws, 2068-REVISED (Nepali Verson)

                      Clearing and Settlement Byelaw, 2069 (Nepali Version).

                      Mode of Operations related to physical securities settlement, 2071

                      CNS FAQ


          CDSC FAQ

                     CDSC FAQ (English Version).

                     CDSC FAQ (Nepali Version).

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