Registration requirement for registrars and share transfer agents mandates certification, capital adequacy, agreements and timely investor grievance redressal. These rules require a certificate from the Board to act as a registrar to an issue or as a share transfer agent, define the scope of registrar and transfer agent activities, and make grant or renewal of certificates subject to conditions including prior Board permission for status changes, a valid agreement with the principal, payment of registration fees, maintenance of capital adequacy as specified in the regulations, and investor grievance redressal within one month with reporting to the Board.
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.
Registration requirement for registrars and share transfer agents mandates certification, capital adequacy, agreements and timely investor grievance redressal.
These rules require a certificate from the Board to act as a registrar to an issue or as a share transfer agent, define the scope of registrar and transfer agent activities, and make grant or renewal of certificates subject to conditions including prior Board permission for status changes, a valid agreement with the principal, payment of registration fees, maintenance of capital adequacy as specified in the regulations, and investor grievance redressal within one month with reporting to the Board.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
