Invertors holding shares in demat form are called beneficiory owners, then who is registered owners?

Invertors holding shares in demat form are called beneficiory owners, then who is registered owners?

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There is nothing like a registered owner, every person who owns a share is called beneficiary. SEBI defines beneficiary owners as: 

The beneficial owner has been defined in the circular as the natural person or persons who ultimately own, control or influence a client and/or persons on whose behalf a transaction is being conducted, and includes a person who exercises ultimate effective control over a legal person or arrangement

The DEMAT stocks are held by the Depository ie NSDL / CDSL on ur behalf 

So ur the beneficiary owner

Physical shares are held directly by u so ur the owner . 

Comprendez ?

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