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 […]
Complete Procedure For Right Issue of Shares Under Companies Act: 2013
Meaning of Right Issue of Shares: ‘Right Issue’ refers to the act of offering shares to the existing members of the company in proportion to their current shareholding via a letter of offer. Governing Section: SECTION 62 of Companies Act 2013 The Provisions of Section 62 of the Companies Act, 2013 bind all Private companies, […]
MCA Relaxes Imposing of Additional Fees on Certain Forms in the Domain of Companies/LLP
Considering the difficulties that are being faced by the various stakeholders while filing various forms under the Companies Act 2013 and LLP Act, 2008, the Ministry of Corporate Affairs through its circular bearing date May 3, 2021, has extended additional time up to July 3, 2021, for companies /LLPs to file such forms during April […]
FAQs Related to Dematerialization
Q.1 What is Dematerialization? Dematerialization is a process to convert securities (i.e. shares, bonds, etc.) held in physical form into an equal number of electronic forms. The converted securities in electronic form will be credited into the Demat account of the investor maintained by him with his Depository Participant (DP). Q.2 What are the benefits […]
Amendments in the Stamp Duty will be Effected from 1st July 2020
The government of India circulated some specific amendments to the stamp duty that shall be applicable from 1st July 2020. The amendments in the stamp duty were before scheduled to be executed from January however it gets postponed to April and then July. Collection of the stamp duty beneath the upgraded system: The amendments in […]
Request Letter for Change of Address
If you want to change your address in your investment folio with a mutual fund company or trading agency, this is the form you need to use. The completed form along with supporting documents must be sent to the company’s official Registrar & Transfer Agent. The format of “Request Letter for Change of Address” is […]
Bank Mandate PAN And Email Id Registration Form
This is the form that can be used by a shareholder for registering their Email Id and bank mandate or PAN details with the trading company for electronic credit of dividends. The applicant is required to provide his/her folio details for which he/she wants to update the details. In addition, they will also have to […]
All About Depositories and How They Work?
A Brief Overview of Depository A depository refers to a recognized entity that assists investors in buying and selling of securities like stocks in an electronic manner. The stocks that are stored in depositories by the investors are more or less similar to funds deposited in bank accounts. Registrar and Transfer Agent are generally the […]
Request Letter for Deletion of Name (of a Deceased Shareholder)
Use this form for filing a formal request for deletion of the name of a deceased shareholder from the Register of Members of the Trading (or Mutual funds) Company. Details of the folio and share certificates must be provided along with the application as well as the applicant needs to attach the share certificates for […]
Registrar Transfer Agent Benefits To Mutual Fund House
If you are involved in the trading of shares or mutual funds, you must have often heard about registrar and transfer agent (R & T Agents). These are individuals who handle a lot of back-end tasks, mostly related to the processing and management of shares and mutual fund units on behalf of the clients. R&T […]
