Transfer of securities: registration requires prescribed transfer instrument and certificate; penalties and officer liability attach for non compliance. Transfer of securities requires a prescribed, stamped, dated and executed instrument together with the certificate or allotment letter unless both parties are registered beneficial holders in a depository; companies may accept lost or late instruments on indemnity terms and must notify transferees for partly paid shares where transfers are applied for by the transferor alone.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Transfer of securities: registration requires prescribed transfer instrument and certificate; penalties and officer liability attach for non compliance.
Transfer of securities requires a prescribed, stamped, dated and executed instrument together with the certificate or allotment letter unless both parties are registered beneficial holders in a depository; companies may accept lost or late instruments on indemnity terms and must notify transferees for partly paid shares where transfers are applied for by the transferor alone.
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