TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>SEBI Requires Listed Entities to Use Electronic Payment Methods for Dividends, Interest, and Redemption Transactions</h1> The Securities and Exchange Board of India (SEBI) mandates that listed entities use electronic payment methods such as electronic clearing services, real-time gross settlement, or national electronic funds transfer for transactions related to dividends, interest, or redemption payments. Entities must maintain investors' bank details, obtained from depositories for dematerialized securities and updated for physical securities. If electronic payments fail, entities must issue 'payable-at-par' warrants or cheques, ensuring bank details or the investor's address are printed on these instruments. Amendments to these regulations were made effective from May 30, 2018.
TaxTMI 
TaxTMI 
