Issuer/Registrar & Share Transfer Agent (RTAs) have been officially notified that under the SEBI Circular (SEBI/HO/OIAE/OIAE_IAD-1/P/CIR/2023/131) dated July 31, 2023, registration on the common is now mandatory. This portal harnesses online conciliation and online arbitration to resolve disputes arising in the Indian Securities Market. Read Also:- For enrolled on Smart ODR platform This innovative platform […]
MCA Extends Dematerialisation Deadline for Private Company Shares to June 30, 2025
The Ministry of Corporate Affairs (MCA) has officially extended the due date for the obligatory dematerialisation of securities for private companies. The updated due date has been extended to June 30, 2025, as per the updated notification issued dated February 12, 2025. The same amendment changes the Companies (Prospectus and Allotment of Securities) Rules, 2014, […]
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
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 […]
Know The Advantages of Dematerialisation
The Indian capital market has witnessed tremendous growth in scale & depth in the last few years regarding listed companies, several stock exchanges, trade volumes of scrips, and investor population. The Indian capital market could break new ground because of the DEMAT account that facilitates the holdings of shares and securities in electronic form. The […]
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 […]
What is the Procedure To Convert Physical Shares into The Demat Form?
In the recent past, the Securities and Exchange Board of India (SEBI) has advocated the transfer of physical share certificates into digital format 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 fraud […]
Know How to Find Out a Duplicate Share Certificate
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 […]
