Recently the Ministry of corporate affairs has notified the latest form i.e. Form PAS-6 (Reconciliation of Share Capital Audit Report on a half-yearly basis) which can be utilized in the reconciliation of the share capital audit report on a half-year basis for the public listed companies. The last date for filing of e-Form PAS-6 (For […]
Procedure for Investors Service Request for Transmission of Securities
The operational rules for the processing of the investor service requests towards the intention of the transmission of the securities are mentioned as:
The ODR Platform For Resolving Investor Complaints
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 […]
Process To Remate The Security Holding Under RTA Services
Remat is the process of conversion of security holdings into tangible form with the reissue of a share certificate. A client can rematerialise his bonds and shares in demat form into physical form at any point of time but the securities sent for rematerialisation cannot be traded. By-Law 9.4: Rematerialisation And Business Rule 11.2: Rematerialisation […]
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 SEBI Circular dated May 18, 2022 reviewing […]
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 […]
Details of Complete Form- MGT 7 Annual Return (New Rules)
On March 5, 2021, the MCA (Ministry of Corporate Affairs) issued a Notification via Companies (Management and Administration) Amendment Rules, 2021, Chapter VII of the Companies Act, 2013. The aforesaid rules shall be effective from March 05, 2021, i.e. the same date. In this notification, Rule 11 has been amended i.e. Annual Return in rule 11 […]
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 5 SEBI Registered Registrar and Share Transfer Agent in India
Registrars and Transfer Agents play a role to monitor the data pertinent to the activities of the investors and maintain a record of them. Investors performed the chores concerned with the mutual funds within the Registrars and Transfer Agent hands at distinct branches. Such investors perform buy and sell of the shares accompanied by the […]
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 […]
