https://www.taxtmi.com/acts?id=32742 Section 7 requires a depository to register transfers of securities on receipt of intimation from a participant, and to register transfers in favour of an asset reconstruction company or the issue of new shares to banks, financial institutions, asset reconstruction companies or their assignees where shares arise from conversion of debt. The section further mandates that if a beneficial owner or transferee seeks custody of a security the depository must inform the issuer, and ties the expanded obligations to statutory definitions under the securitisation law. en-us Wed, 21 Nov 2018 13:02:36 +0530 Fri, 04 Jul 2025 10:23:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=32742 Section 7 requires a depository to register transfers of securities on receipt of intimation from a participant, and to register transfers in favour of an asset reconstruction company or the issue of new shares to banks, financial institutions, asset reconstruction companies or their assignees where shares arise from conversion of debt. The section further mandates that if a beneficial owner or transferee seeks custody of a security the depository must inform the issuer, and ties the expanded obligations to statutory definitions under the securitisation law. Act-Rules SEBI Wed, 21 Nov 2018 13:02:36 +0530 https://www.taxtmi.com/acts?id=32742