Establishment of Connectivity with both depositories NSDL and CDSL – Companies eligible for shifting from Trade for Trade Settlement (TFTS) to Normal Rolling Settlement

Establishment of Connectivity with both depositories NSDL and CDSL – Companies eligible for shifting from Trade for Trade Settlement (TFTS) to Normal Rolling Settlement https://www.taxtmi.com/circulars?id=58350 Companies with connectivity to both depositories may be shifted from TFTS to Normal Rolling Settlement if at least 50% of non promoter holdings are dematerialised, certified by the Registrar and Transfer Agent or, where no RTA exists, by a practicing Company Secretary or Chartered Accountant, and provided there are no other grounds for continuing TFTS; exchanges must report actions in their Monthly/Quarterly Development Report. en-us Mon, 21 Jan 2013 00:00:00 +0530 Sat, 15 Dec 2018 12:18:00 +0530 TaxTMI RSS Generator Establishment of Connectivity with both depositories NSDL and CDSL – Companies eligible for shifting from Trade for Trade Settlement (TFTS) to Normal Rolling Settlement https://www.taxtmi.com/circulars?id=58350 Companies with connectivity to both depositories may be shifted from TFTS to Normal Rolling Settlement if at least 50% of non promoter holdings are dematerialised, certified by the Registrar and Transfer Agent or, where no RTA exists, by a practicing Company Secretary or Chartered Accountant, and provided there are no other grounds for continuing TFTS; exchanges must report actions in their Monthly/Quarterly Development Report. Circulars SEBI Mon, 21 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58350