For Registrars and Transfer Agents (RTAs), SEBI has proposed rolling out activity-based norms, under which the services provided to listed companies fall within its statutory ambit, while those for unlisted firms will be governed by the Ministry of Corporate Affairs (MCA). RTAs that cater to both listed and unlisted entities shall be needed to build […]
Frequently Asked Questions (FAQs) on E-form PAS-6 | SAG RTA
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 […]
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 […]
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 […]
