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=58727 Shifting securities from Trade-for-Trade Settlement to normal Rolling Settlement is permissible where companies have connectivity with both depositories and at least half of non promoter holdings are in dematerialized mode, certified by the RTA or, if no separate RTA exists, by a practicing Company Secretary or Chartered Accountant; exchanges must ensure no other grounds exist for maintaining Trade for Trade and report the action in the Monthly/Quarterly Development Report. en-us Mon, 07 Sep 2009 00:00:00 +0530 Thu, 27 Dec 2018 12:23:00 +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=58727 Shifting securities from Trade-for-Trade Settlement to normal Rolling Settlement is permissible where companies have connectivity with both depositories and at least half of non promoter holdings are in dematerialized mode, certified by the RTA or, if no separate RTA exists, by a practicing Company Secretary or Chartered Accountant; exchanges must ensure no other grounds exist for maintaining Trade for Trade and report the action in the Monthly/Quarterly Development Report. Circulars SEBI Mon, 07 Sep 2009 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58727