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        SEBI

        Ease of doing investment - Review of simplification of procedure and standardization of formats of documents for issuance of duplicate certificates

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        Issuance of duplicate securities certificates: threshold raised to Rs. Ten Lakhs, simplified affidavit format, notarisation waived under Rs. Ten Thousand. The circular raises the simplified documentation threshold for issuance of duplicate securities to Rs. Ten Lakhs, prescribes a standard Affidavit cum Indemnity format and waives notarisation for claims up to Rs. Ten Thousand. Claims over Rs. Ten Lakhs require additional proof (FIR/e FIR/police complaint/court order/plaint) with security details and publication of loss by the listed company; processing timelines run from complete submission or advertisement date. The substituted Para 22.1.1-22.1.4 applies immediately and duplicate certificates will be dematerialised.
                    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.

                          Issuance of duplicate securities certificates: threshold raised to Rs. Ten Lakhs, simplified affidavit format, notarisation waived under Rs. Ten Thousand.

                          The circular raises the simplified documentation threshold for issuance of duplicate securities to Rs. Ten Lakhs, prescribes a standard Affidavit cum Indemnity format and waives notarisation for claims up to Rs. Ten Thousand. Claims over Rs. Ten Lakhs require additional proof (FIR/e FIR/police complaint/court order/plaint) with security details and publication of loss by the listed company; processing timelines run from complete submission or advertisement date. The substituted Para 22.1.1-22.1.4 applies immediately and duplicate certificates will be dematerialised.


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