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 Requires Depositories to Record All Encumbrances Under 2011 Regulations, Prohibiting Unauthorized Facilitation by Participants.</h1> The Securities and Exchange Board of India (SEBI) mandates that all depositories establish a system to record all types of encumbrances, as specified under the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. This system should follow similar processes as those for non-disposal undertakings, apart from those for pledges and hypothecations, which have separate regulations. Depository Participants are prohibited from facilitating encumbrances outside this system. Depositories must amend their rules, implement necessary system changes, and report implementation status to SEBI within one month. This circular aims to protect investor interests and regulate the securities market.
TaxTMI 
TaxTMI 
