The NSDL has provided the uidelines for removing deceased holders’ names from joint demat accounts. Surviving holders must submit a specific request with the death certificate within a year of demise. If not, a new account will be opened. The guidelines detail the process for account holder succession, address updates, and verification procedures. The circular […]
Registrar and Transfer Agent – Everything You Need To Know
For the purpose of giving security and convenience for every kind of Registrar and Transfer Agent works for firms, mutual fund investors, and fund houses. The mediator is engaged in maintaining the informative transaction records of the investors for them. Multiple information like investors’ transitions to buy, sell, or exchange of the securities, corporate actions […]
Comprehensive Solution for Dematerialization of Equity Shares
SAG Infotech is Rajasthan’s first Registrar & Share Transfer Agent which is now offering professional RTA services to all types of security issuers and companies, in accordance with the notification issued by the MCA in September 2018, making it compulsory for all Unlisted Public Companies to issue shares/securities only in dematerialization form. We deal in […]
RTAs Are the Cornerstone For The Mutual Fund Industry
Technology plays a stellar role in the growth and service of any industry. It can very well be justified if we take an example of a flourishing industry of mutual funds. Mutual Funds have reached the crest of success with the use of advanced technology that is largely catered and upgraded by the Registrar & […]
Fundraising via Social Stock Exchange Webinar – Register Now!
During her Union Budget speech of 2019-20, Finance Minister Nirmala Sitharaman proposed the creation of a Social Stock Exchange under the regulatory ambit of SEBI (Securities and Exchange Board of India) to enable social enterprises and voluntary organizations to raise capital through equity, debt, or units similar to a mutual fund (MF). Later, on July […]
The Ultimate Guide for How to Sell Stock Certificates through a Transfer Agent
A stock certificate is a physical piece of paper but holds more value than a normal piece of paper as it represents the ownership of a company. They include information like an identification number, the number of shares owned, the date, a corporate seal & signatures and most of them are designed in a convoluted […]
Procedure For Change of Registrar and Transfer Agent (RTA)
The procedure to change R & T Agent for companies or mutual fund houses requires them to submit a long list of certified documents or copies to the CDSL. After receiving such documents, CDSL verified each of the received documents and ensure that they are in a prescribed order to proceed with the RTA change […]
Top 14 Differences Between Equity Shares and Preference Shares
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 […]
