If a person wants to open his or her own business or wants to expand the business but does not have enough money to do so. Then the person has only two options i.e. to take a loan from the bank or to divide the finance cost into a unit and then sell it as […]
How to File Request for Transmission Of Shares Without Producing Probate / Succession Certificate / Letters Of Administration?
The transmission of shares refers to the process of devolution of the title (ownership) to shares either due to the death of the holder or because of succession or inheritance. In any case, if you wish to file a request for transmission of shares from a deceased owner to a legal heir, this is the […]
NSDL Circular: Revision Towards By-Laws and Business Rules
Here in this post, we will discuss about complete circulars as per the NSDL which will guide the reader to understand make a decisive part of its process within the compliance of SEBI and competitive authorities. Subject:- Amendments to Bye Laws and Business Rules of NSDL – Operational Guidelines for Demat of securities received for […]
Shares and Debentures: Similarities & Dissimilarities
Today every person of every age, caste, and sex is familiar with the terms – Shares and Debentures. Investment in shares and debentures is envisioned as one of the best options to invest your nest eggs for better returns. Although both of them are a kind of securities issued by companies to raise the funds, […]
Standardization of Documents for the Transmission of Securities and Simplification of Procedures
SEBI (Securities and Exchange Board of India) has released a detailed notification, announcing crucial changes, including simplification of the procedure for transmission of securities. The Board has also standardized the formats of documents required for transmission of securities in order to further simplify the process for the Registrars to an Issue and Share Transfer Agents […]
Individual Affidavits To Be Given By ALL The Legal Heirs
Here is an individual affidavits duly given by all the legal heirs to be named in succession certificate/ probate of will/ will/ letter of administration/ legal heirship certificate(or its equivalent certificate)/court decree* (for transmission of securities on the death of sole holder where no nomination has been registered). Also, understand that each deponent (legal heir)must […]
Shareholder vs Stakeholder: Know who is Subset & Superset
In the corporate world, most attention-grabbing terms when it comes to investment are – Shareholder and Stakeholders. Both sound similar and are often interchanged but the terms vary from each other in terms of their investment in an organization, their relationship with an organization and their priorities in an organization. A shareholder is inevitably a […]
Transmission of Securities by Nominee or Legal Heir
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 […]
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 […]
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 […]
