TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>SEBI Mandates ECS for Public Issue Refunds in 15 RBI Centers; Registrars to Ensure Timely Data Transfer.</h1> The circular issued by SEBI on January 20, 2006, outlines the amended guidelines for refund modes in public issues. It mandates the use of Electronic Clearing Service (ECS) for applicants in 15 centers managed by the Reserve Bank of India, with potential expansion based on system performance feedback. Registrars must ensure timely electronic data transfer for refunds and notify applicants of refund details, including bank information and expected credit date. Instructions on refund dispatch methods must be included in relevant documents, coordinated with the Lead Manager. The circular and full guidelines are available on SEBI's website.
TaxTMI 
TaxTMI 
