Introducing the βIn Favour Ofβ filter in Case Laws.
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Introducing the βIn Favour Ofβ filter in Case Laws.
Try it now in Case Laws β


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<h1>Transfer or transmission of securities: dematerialisation mandatory, procedural compliance and compensation for delayed transfers required by SEBI rules.</h1> Regulation prescribes requirements for transfer, transmission and transposition of securities, mandating dematerialisation for processing transfers and effecting transmission/transposition only in dematerialised form, with limited grandfathering for transfers executed before April 1, 2019. Listed entities must refuse registration where statutory prohibitions, attachments or valid objections by transferors exist unless a prohibitory court order is served; they must follow procedural requirements in Schedule VII. Listed entities must compensate for delays in effecting transfers and ensure benefits accrue to holders during delay; annual certification by a practicing company secretary regarding timely issuance of certificates must be filed with exchanges. SEBI rules apply to listed entities.