PAN requirement for share transmission: furnishing PAN copy is mandatory for deletions, transmissions to heirs and transpositions. PAN copy must be furnished for deletion of a deceased co-holder, transmission to legal heirs where the deceased was sole holder, and transposition of joint holdings. RTAs can accept PAN despite mismatches if they verify identity with sufficient documentary evidence per prior SEBI guidance. Stock exchanges must amend byelaws and the Listing Agreement, notify companies, publish the circular online and report implementation; registrars and transfer agents must implement and disseminate the provisions.
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.
PAN requirement for share transmission: furnishing PAN copy is mandatory for deletions, transmissions to heirs and transpositions.
PAN copy must be furnished for deletion of a deceased co-holder, transmission to legal heirs where the deceased was sole holder, and transposition of joint holdings. RTAs can accept PAN despite mismatches if they verify identity with sufficient documentary evidence per prior SEBI guidance. Stock exchanges must amend byelaws and the Listing Agreement, notify companies, publish the circular online and report implementation; registrars and transfer agents must implement and disseminate the provisions.
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