REGISTRATION OF REGISTRAR TO AN ISSUE AND SHARE TRANSFER AGENT - Securities and Exchange Board of India (Registrars to an Issue and Share Transfer Agents) Regulations, 1993
REGISTRATION OF REGISTRAR TO AN ISSUE AND SHARE TRANSFER AGENT - Securities and Exchange Board of India (Registrars to an Issue and Share Transfer Agents) Regulations, 1993
Securities and Exchange Board of India (Registrars to an Issue and Share Transfer Agents) Regulations, 1993 Chapter V PROCEDURE FOR ACTION IN CASE OF DEFAULT
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Show-cause notice procedure requires regulated entities to reply and Board to issue a reasoned order and provide a copy. Regulation 26 set a stepwise procedure: after an enquiry report the Board issued a show-cause notice; the registrar or transfer agent had a specified ... Summary
Show-cause notice procedure requires regulated entities to reply and Board to issue a reasoned order and provide a copy.
Regulation 26 set a stepwise procedure: after an enquiry report the Board issued a show-cause notice; the registrar or transfer agent had a specified period to reply; the Board then considered any reply and within a further specified period passed a self-contained, reasoned order justifying any penalty and sent a copy of that order to the affected registrar or share transfer agent.
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