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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Ministry Mandates Registered Post for Refunds and Allotments to Protect Investors' Interests in Listed Companies.</h1> The circular addresses complaints from investors about not receiving refund orders, allotment letters, share certificates, rights offers, and dividend warrants. To address these issues, the Ministry of Finance has mandated that all companies listed or seeking listing on stock exchanges must send refund orders and allotment letters or certificates via registered post. This measure aims to protect investors' interests by ensuring secure and reliable delivery of important documents. Additionally, it stipulates that letters of offer for rights issues should also be sent by registered post to shareholders in the future.
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