Central Government notifies “Registrars to an Issue and/or Share Transfer Agents” registered as a “depository” for the limited purposes of acting as a “collecting agent”. - S.O. 116(E) - Indian Law
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Depository status for registrars and share transfer agents enables limited role as collecting agents for off exchange instruments. Registrars to an Issue and Share Transfer Agents registered under SEBI Regulations, 1993 are notified as a depository only for the limited purpose of acting as a collecting agent under the Indian Stamp Act for instruments executed otherwise than through a recognised stock exchange or recognised depository.
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.
Depository status for registrars and share transfer agents enables limited role as collecting agents for off exchange instruments.
Registrars to an Issue and Share Transfer Agents registered under SEBI Regulations, 1993 are notified as a depository only for the limited purpose of acting as a collecting agent under the Indian Stamp Act for instruments executed otherwise than through a recognised stock exchange or recognised depository.
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