Share certificates issued by the company are sometimes lost or misquoted by shareholders due to some unforeseen circumstances. Sometimes, due to some unexpected situations, share certificates issued by the company get lost or misplaced by the shareholders. The loss can lead to huge financial losses to shareholders as well as the company. To avoid such […]
R&T Agent and How They Manage Their Stakeholders?
A registrar or transfer agent is a trust or similar financial institution that registers and maintains complete data records of the transactions of investors for the ease of mutual fund companies. So the primary role of the Registrar & Transfer Agent is to maintain records of investors and account balances. A registrar and transfer agent […]
Private Limited Companies Are Required To Demat Their Shares
The Ministry of Corporate Affairs issued a notification on October 27, 2023, introducing significant amendments to the Companies (Prospectus and Allotment of Securities) Rules, 2014. The regulations within the Companies Act, 2013 regarding the mandatory dematerialization of shares for private limited companies can be summarized as follows: Section 29 of the Companies Act, 2013 These […]
Shares Dematerialization and RTA: Now An Indispensability
As per the Depositories Act, 1996, an investor is allowed to hold securities in physical as well as electronic mode which implies that a holder can hold the securities in physical form or electronic form or a part of it in physical form and another part in Demat form. However, the amendment to Regulation 40 […]
Do You Really Know About Difference Between Share Transmission & Share Transfer?
This post, you will learn the basic and important difference between transfer and transmission in the firm. You will also get information about which option is better for whom
Top 7 Reason Why You Should Choose SAG RTA
SAG Infotech Private Limited, the pioneer in the taxation industry for the past 20+ years, now also works as an authorized RTA. The company holds the laurel of India’s best RTA Services provider company. The company has been handled the responsibility to operate as an authorized and most trusted RTA in Rajasthan by the Securities […]
Why is RTA Important For Both Investors & Fund House?
Registrar & Transfer Agent: Registrar & Share Transfer Agent is a medium entity taking all the responsibilities of the back-end process of all the multiple transactions based on mutual funds, and financial & non-financial dealings. The RTA undertakes the responsibility of record-keeping maintenance of each and every mutual fund’s transactions of the fund house via […]
What is the Procedure To Convert Physical Shares into The Demat Form?
In recent past, the Securities and Exchange Board of India (SEBI) has advocated the transfer of physical share certificates into digital format in order to make the settlement process much faster, easier and hassle-free for the traders. SEBI has also urged the shareholders to transform their physical share certificates into electronic form to eliminate the […]
Demat Account – What it is and How To Open A Demat Account Online
Shares are offered by the companies of India incorporated under the Companies Act, 2013. These shares are either present in physical form or electronic form. Tangible share certificates owned by the investors are physical shares having a physical presence; whereas, shares present in electronic form are dematerialised shares owned by investors in their Demat account. […]
What are Documents Required for Transmission of Securities
TRANSMISSION OF SECURITIES:- ‘Transmission of Securities’ refers to the process of transferring the ownership of certain securities from the current owner to another person (legal heirs, nominee, joint holder, etc.) in case of death or lunacy of the current owner, or through inheritance or insolvency. Announcement:- As per the SEBI Circular dated May 18, 2022, […]
