Registered post requirement ensures refund orders and allotment documents are sent to investors, strengthening investor protection. Companies listed or seeking listing must dispatch refund orders, allotment letters and share certificates by registered post; letters of offer for rights issues are also to be issued to shareholders by registered post to protect investor interests in response to complaints about non-receipt of securities-related communications.
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Provisions expressly mentioned in the judgment/order text.
Registered post requirement ensures refund orders and allotment documents are sent to investors, strengthening investor protection.
Companies listed or seeking listing must dispatch refund orders, allotment letters and share certificates by registered post; letters of offer for rights issues are also to be issued to shareholders by registered post to protect investor interests in response to complaints about non-receipt of securities-related communications.
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