https://www.taxtmi.com/notifications?id=23816 The amendment permits companies listed with the OTC Exchange of India and companies registered under section 25 of the Companies Act, 1956 to issue a single jumbo share certificate in favour of a Custodian and to provide counter receipts to every allottee. "Custodian" is defined as an entity performing post-trade activities such as settlement of purchases and sales, information reporting, safekeeping of securities and participation in clearing systems to effect deliveries on behalf of clients. en-us Fri, 26 May 1995 00:00:00 +0530 Wed, 22 Jun 2011 11:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=23816 The amendment permits companies listed with the OTC Exchange of India and companies registered under section 25 of the Companies Act, 1956 to issue a single jumbo share certificate in favour of a Custodian and to provide counter receipts to every allottee. "Custodian" is defined as an entity performing post-trade activities such as settlement of purchases and sales, information reporting, safekeeping of securities and participation in clearing systems to effect deliveries on behalf of clients. Notifications Companies Law Fri, 26 May 1995 00:00:00 +0530 https://www.taxtmi.com/notifications?id=23816