Share Transfer - Registration of - SEBI’s uniform norms for good/bad deliveries

Good/bad delivery norms govern share transfers, specifying acceptable corrections, POA/custodian execution and attestation requirements.

SEBI's circular sets uniform good/bad delivery norms for share transfers: minor corrections in transfer deeds are acceptable when authenticated or when the unaltered corresponding entry confirms the detail; materially differing names are bad delivery except limited permissible variations; transfer deeds executed under power of attorney or by custodians are good only where PA registration, dates, signatures and required stamps or board-resolution notation appear; call payment receipts and their bank endorsements determine certificate good delivery; signature-based objections mandate fresh signed deeds and attestation where specified.