Securities and Exchange Board of India (Depositories and Participants) (Second Amendment) Regulations, 2003. - S.O. No.1014(E) - SEBI/LE/16459/2003 - SEBI
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Share registry centralisation requires single-point transfer operations and timely dematerialisation compliance and reporting. Issuers must centralise share registry functions either in-house or via a registered Share Transfer Agent, redress investor grievances within thirty days and report to depositories. Participants must furnish certificate-of-security details within seven days; issuers must confirm listing, cancel physical certificates and record the depository as registered owner within fifteen days, with a listing exception for unlisted companies. Issuers must submit quarterly audited reconciliation reports verifying issued, listed and dematerialised capital, confirm dematerialisation within twenty-one days or disclose delays, and notify depositories and stock exchanges of any discrepancies.
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.
Share registry centralisation requires single-point transfer operations and timely dematerialisation compliance and reporting.
Issuers must centralise share registry functions either in-house or via a registered Share Transfer Agent, redress investor grievances within thirty days and report to depositories. Participants must furnish certificate-of-security details within seven days; issuers must confirm listing, cancel physical certificates and record the depository as registered owner within fifteen days, with a listing exception for unlisted companies. Issuers must submit quarterly audited reconciliation reports verifying issued, listed and dematerialised capital, confirm dematerialisation within twenty-one days or disclose delays, and notify depositories and stock exchanges of any discrepancies.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.