APPOINTMENT OF LEAD MANAGERS, OTHER INTERMEDIARIES AND COMPLIANCE OFFICER.Securities And Exchange Board of India (Issue Of Capital And Disclosure Requirements) Regulations, 2018
APPOINTMENT OF LEAD MANAGERS, OTHER INTERMEDIARIES AND COMPLIANCE OFFICER.Securities And Exchange Board of India (Issue Of Capital And Disclosure Requirements) Regulations, 2018
Regulation 20 - Inscription or recording of non-transferability
Securities And Exchange Board of India (Issue Of Capital And Disclosure Requirements) Regulations, 2018 Part IV LOCK-IN AND RESTRICTIONS ON TRANSFERABILITY
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Non-transferability inscription requirement ensures lock-in periods are indicated and recorded for securities, enforcing issuer compliance. Certificates of specified securities subject to lock-in must bear the inscription "non-transferable" and specify the lock-in period; where such securities ... Summary
Referred In :
Securities And Exchange Board of India (Issue Of Capital And Disclosure Requirements) Regulations, 2018
Non-transferability inscription requirement ensures lock-in periods are indicated and recorded for securities, enforcing issuer compliance.
Certificates of specified securities subject to lock-in must bear the inscription "non-transferable" and specify the lock-in period; where such securities are dematerialised, the issuer must ensure the depository records the lock-in, making the restriction effective in both physical and electronic forms.
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