Good or Bad Delivery Guidelines classify transfer deeds and share certificates for market acceptability, subject to prescribed attestations and remedies. Revised guidelines classify transfer deeds and share certificates into good or bad delivery for market acceptability. Transfer deeds in prescribed form, attested signatures, registered powers of attorney, and minor name or language variations are generally acceptable if properly authenticated; mutilation, material name discrepancies, conditional powers, transfers by persons under insolvency/liquidation or for minors without court orders, and materially altered certificates are bad delivery unless remedied by specified endorsements, certifications or company confirmations. Brokers must provide required attestations and registration particulars.
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.
Good or Bad Delivery Guidelines classify transfer deeds and share certificates for market acceptability, subject to prescribed attestations and remedies.
Revised guidelines classify transfer deeds and share certificates into good or bad delivery for market acceptability. Transfer deeds in prescribed form, attested signatures, registered powers of attorney, and minor name or language variations are generally acceptable if properly authenticated; mutilation, material name discrepancies, conditional powers, transfers by persons under insolvency/liquidation or for minors without court orders, and materially altered certificates are bad delivery unless remedied by specified endorsements, certifications or company confirmations. Brokers must provide required attestations and registration particulars.
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