Recently, the MCA (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 […]
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 […]
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
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 their name in their investment portfolio must file a formal request with the concerned RTA (Registrar & Transfer Agent) appointed by the Company. The application for the same must be filled in the […]
SEBI Proposes Unified Category, Activity-Based RTA Rules
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 […]
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 […]
