Here we have explained the basic form structure of the Request for Transmission of Securities by Nominee or Legal Heir by the SEBI to the Registrar and Share Transfer Agent of India. Below one can find the complete steps to file the form as per the compliance. Also, there is a detailed manner under which […]
Penal Provisions for Not Obtaining ISIN by Unlisted Public Companies
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 (period […]
Procedure for Investor’s 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 RTA/Issuer Companies shall use the format for Post validating and processing the request, the Registrar and Share Transfer Agent or issuer companies will intimate the claimants about its execution as might […]
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 […]
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 Registrar and Transfer Agent (RTA). The company holds the laurel of Rajasthan 1st RTA Services provider Firm. The company has been handled the responsibility to operate as an authorized and most trusted RTA in […]
SEBI Issues Circular for RTA/STA, Relaxation from Compliance with Certain Provisions
Recently the government of India as well as SEBI has brought some of the major changes in the mutual fund compliance and the share market sector due to corona virus pandemic. SEBI has issued various circulars and guidelines in order to keep updated all of its concerned associations and stakeholders. Let us check out the […]
Everything about Rule 9A and e-Form PAS-6
All the unlisted Public companies except Nidhi Company, Government Company, or wholly-owned subsidiary company need to issue the securities in only dematerialized form. It was made mandatory with notification released on September 10, 2018, Rule 9A of Companies (Prospectus and Allotment of Securities) Rules, 2014, was inserted. In this article, we are providing details of […]
Know about Key Differences Between An IPO and FPO With SAG RTA
Being an investor or shareholder, it is essential to have an idea about the key distinctions between an Initial Public Offering (IPO) and Follow On Public Offer (FPO). The first and the most significant difference between both of them is that IPO is always offered for the very first time whereas an FPO will never […]
R&T Agent and How They Manage Their Stakeholders?
A registrar or transfer agent is a trust or similar financial institution that register and maintain 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 […]
Difference Between Preferential Allotment & Right Issue under Companies Act, 2013
Issue of share on preferential basis and issue of share right basis both come under the 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 […]
