Dematerialisation requirement: securities with connectivity to both depositories may shift from trade-for-trade to rolling settlement. Shifting trading from the Trade-for-Trade segment to rolling settlement is permitted for securities with connectivity to both depositories provided at least 50% of non-promoter holdings are in demat mode, supported by a certificate from the Registrar and Transfer Agent or, where no separate RTA exists, from a practicing Company Secretary or Chartered Accountant, and provided there are no other grounds for continued TFTS trading.
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.
Dematerialisation requirement: securities with connectivity to both depositories may shift from trade-for-trade to rolling settlement.
Shifting trading from the Trade-for-Trade segment to rolling settlement is permitted for securities with connectivity to both depositories provided at least 50% of non-promoter holdings are in demat mode, supported by a certificate from the Registrar and Transfer Agent or, where no separate RTA exists, from a practicing Company Secretary or Chartered Accountant, and provided there are no other grounds for continued TFTS trading.
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