Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Fourth Amendment) Regulations, 2022 - SEBI/LAD-NRO/GN/2022/80 - SEBI
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Transmission of securities: new documentary regime for nominee and legal heir claims, with indemnity and threshold safeguards. Amendment adds transmission to transfer provisions and prescribes documentary requirements for transmission: for single name with nomination, a signed transmission request by the nominee, death certificate (original or attested copy) and nominee's PAN; for single name without nomination, notarized affidavit by legal heirs or applicable succession documents, signed transmission request, death certificate, claimants' PAN, attested succession instrument or equivalent with accompanying notarized indemnity bond and, where applicable, No Objection from non claimants; alternative no objection/family settlement plus indemnity bond allowed for lower value cases; listed entity may raise the value threshold.
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.
Transmission of securities: new documentary regime for nominee and legal heir claims, with indemnity and threshold safeguards.
Amendment adds transmission to transfer provisions and prescribes documentary requirements for transmission: for single name with nomination, a signed transmission request by the nominee, death certificate (original or attested copy) and nominee's PAN; for single name without nomination, notarized affidavit by legal heirs or applicable succession documents, signed transmission request, death certificate, claimants' PAN, attested succession instrument or equivalent with accompanying notarized indemnity bond and, where applicable, No Objection from non claimants; alternative no objection/family settlement plus indemnity bond allowed for lower value cases; listed entity may raise the value threshold.
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