Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>SEBI Regulation 40: Obligations for Transfer, Transmission, and Transposition of Securities in Dematerialized Form Explained</h1> Regulation 40 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, outlines the obligations of listed entities regarding the transfer, transmission, and transposition of securities. Transfers must occur in dematerialized form, and entities cannot process transfers if prohibited by statutory orders. Objections to transfers require a court order within sixty days. The regulation also covers procedural compliance for securities transfer and transmission, including the deletion of deceased holders' names, transmission to legal heirs, and name order changes in joint holdings. Listed entities must maintain records and ensure timely processing, compensating for delays and filing compliance certificates with stock exchanges.