Lenders have the right to sell pledged shares with them if promoters fail to provide for eroded collateral. The process of selling those shares is called invocation. Not only does it reduce the promoter’s stake in the company, but it also triggers a downward pressure on the stock price.
You can download Union Bank of India Demat Account Invocation Request Form (IRF) in pdf format from official website or using the link provided below.
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CDS Exam Syllabus 2024
Union Bank of India Demat Charge Structure
Union Demat Account Addition, Modification & Deletion Form
Union Demat Account Closure Request Form
Union Demat Account Death Request Form
Union Demat Account Dematerialisation Request Form
Union Demat Account Opening cum KYC Form
Union Demat Account Pledge Request Form (PRF)
Union Demat Account Power of Attorney Form
