Hope you all are doing well during this Pandemic. The very latest step of the MCA (Ministry of Corporate Affairs) encourages us to get some new compliance after every periodic interval, which also helps us to learn new things each year. Additionally, and even after 6 years of implementation, this new Companies Act, 2013, seems […]
Request Letter for Change of Name
Filing an Official Request with Registrar and Transfer Agent for Change of Name in Investment Folio. A shareholder who wishes to change his/her name in their investment portfolio needs to file a formal request with the concerned RTA (Registrar & Transfer Agent) appointed by the Company. The application for the same must be filled in […]
Top 5 SEBI Registered Registrar and Share Transfer Agent in India
Registrars and Transfer Agents play a role in monitoring data pertinent to investors’ activities and maintaining a record of them. Investors performed the tasks related to the mutual funds within the Registrar and Transfer Agent’s hands at various branches. Such investors perform buy and sell of the shares accompanied by chores such as updating personal data, exchanging, […]
Difference Between Preferential Allotment & Right Issue under Companies Act, 2013
Issue of shares on a preferential basis and issue of share rights basis both come under Section 62 of the Companies Act, 2013 and also in the Companies (Share Capital and Debentures) Rules, 2014 and Companies (Prospectus and Allotment of Securities) Rules, 2014. It is a professional and validated invitation for the existing shareholders for […]
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 […]
FAQs on Mandatory Demat of Securities By Private Companies
Under section 29(1A) of the Companies Act, 2013 (‘the Act’), the Ministry of Corporate Affairs (‘MCA’) is authorized to define such classes of companies that can hold or transfer the securities just in dematerialized form. Under such authority, MCA, vide notification on September 10, 2018, inserted Rule 9A in the Companies (Prospectus and Allotment of […]
Download and File Form for Confirmation of Signature of the shareholder by the Banker
(Confirmation of Signature of the shareholder by the Banker with their official rubber stamp, giving the full address of the bank and the employee code number of the official signing this form.) This form is intended to be used by the banker to confirm the signature of a particular shareholder, as given in their database, […]
SEBI’s Latest Notifications Mandate Shares and Securities in Demat Form
The latest notifications by SEBI restrict listed companies from accepting a request for transfer of securities that are held in physical form, with effect from April 1, 2019. The recent amendments in provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations mandate the conversion of shares and other types of securities of listed companies from […]
Appointment Scheme For Companies and Professionals Services | SAG RTA
Our organization is passionate enough to deliver excellent services, i.e. SAG RTA (Registrar & Transfer Agent) assists investors with the help of a hardworking & dedicated RTA team of trained executives and experts. SAG RTA is the preeminent, all-inclusive one-stop professional solution for all an investor’s needs, ranging from Securities Dematerialisation through NSDL and CDSL […]
Why is RTA Important For Both Investors & Fund House?
Registrar & Transfer Agent: The Registrar & Share Transfer Agent is a medium-sized entity that takes on all the responsibilities of the back-end process for multiple transactions involving mutual funds, as well as financial & non-financial dealings. The RTA undertakes the responsibility of maintaining records for each mutual fund’s transactions of the fund house across the country via […]
