Agreement between depository and issuer

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..... the investor exercising an option to hold his securities with a depository in dematerialised form, the issuer shall enter into an agreement with the depository to enable the investor to dematerialise the securities:] 2 [Provided that no agreement shall be required to be entered into where the depository itself is an issuer of securities :] 3 [Provided further that no such agreement shall be requir .....

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