https://www.taxtmi.com/circulars?id=57891 Depositories must provide a dedicated module to record Non Disposal Undertakings (NDUs), requiring both parties to be demat account holders and KYC compliant; participants will apply to record NDUs with BO ID, PAN, signatures, counterparty details and quantity. The participant verifies securities availability, creates a freeze for debit of specified securities, and the depository captures authorized signatory details and notifies both parties. No transfer, pledge, lending, rematerialisation or dealing is permitted while the freeze exists; cancellation requires joint instructions and unfreeze after the prescribed cooling period. Freeze/unfreeze actions are subject to concurrent audit and NDUs outside the depository are prohibited. en-us Wed, 14 Jun 2017 00:00:00 +0530 Mon, 03 Dec 2018 10:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=57891 Depositories must provide a dedicated module to record Non Disposal Undertakings (NDUs), requiring both parties to be demat account holders and KYC compliant; participants will apply to record NDUs with BO ID, PAN, signatures, counterparty details and quantity. The participant verifies securities availability, creates a freeze for debit of specified securities, and the depository captures authorized signatory details and notifies both parties. No transfer, pledge, lending, rematerialisation or dealing is permitted while the freeze exists; cancellation requires joint instructions and unfreeze after the prescribed cooling period. Freeze/unfreeze actions are subject to concurrent audit and NDUs outside the depository are prohibited. Circulars SEBI Wed, 14 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/circulars?id=57891