Dematerialisation requirement for non promoter holdings must be met before securities move from trade for trade to rolling settlement. Permits shifting specified securities from the Trade for Trade Segment to rolling settlement provided issuer companies satisfy the dematerialisation requirement for non promoter holdings by submitting a certificate from their Registrar and Transfer Agent or, if no separate RTA exists, from a practicing Company Secretary or Chartered Accountant, and provided there are no other grounds for continuation in Trade for Trade; stock exchanges must act and report the action in the Monthly Development Report.
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 for non promoter holdings must be met before securities move from trade for trade to rolling settlement.
Permits shifting specified securities from the Trade for Trade Segment to rolling settlement provided issuer companies satisfy the dematerialisation requirement for non promoter holdings by submitting a certificate from their Registrar and Transfer Agent or, if no separate RTA exists, from a practicing Company Secretary or Chartered Accountant, and provided there are no other grounds for continuation in Trade for Trade; stock exchanges must act and report the action in the Monthly Development Report.
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