Amendment to Listing Regulations: corrigendum revises enabling provision and mandates prompt crediting of dematerialised securities. The corrigendum replaces the enabling provision to state SEBI's power under section 11, sub section (2) of section 11A and section 30 of the SEBI Act read with section 31 of the SCRA for amending the Listing Regulations, revises regulation 39(2) to require listed entities to credit dematerialised securities following investor service requests for subdivision, split, consolidation, renewal, exchanges and issuance of duplicate securities within thirty days of receiving the request and documents, and effects specified renumbering corrections in paragraphs VI.(c) and XI.(d).
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Provisions expressly mentioned in the judgment/order text.
Amendment to Listing Regulations: corrigendum revises enabling provision and mandates prompt crediting of dematerialised securities.
The corrigendum replaces the enabling provision to state SEBI's power under section 11, sub section (2) of section 11A and section 30 of the SEBI Act read with section 31 of the SCRA for amending the Listing Regulations, revises regulation 39(2) to require listed entities to credit dematerialised securities following investor service requests for subdivision, split, consolidation, renewal, exchanges and issuance of duplicate securities within thirty days of receiving the request and documents, and effects specified renumbering corrections in paragraphs VI.(c) and XI.(d).
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