Regulation 53A - Manner of handling share registry work
Securities And Exchange Board of India (Depositories And Participants) Regulations, 1996 Chapter V RIGHTS AND OBLIGATIONS OF DEPOSITORIES, PARTICIPANTS, ISSUERS, MANNER OF SURRENDER OF CERTIFICATE OF SECURITY AND CREATION OF PLEDGE OR HYPOTHECATION
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Single-point handling of share registry: issuers must centralise transfer and physical securities work in-house or via registered transfer agent. Regulation 53A mandates that transfer of securities, maintenance of holders' records, handling of physical securities and establishment of connectivity ... Summary
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Single-point handling of share registry: issuers must centralise transfer and physical securities work in-house or via registered transfer agent.
Regulation 53A mandates that transfer of securities, maintenance of holders' records, handling of physical securities and establishment of connectivity with depositories be handled and maintained at a single point, either in-house by the issuer or by a Share Transfer Agent registered with the Board.
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