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=58764 Companies with connectivity to both depositories may be shifted from Trade-for-Trade Settlement to Rolling Settlement if at least half of non-promoter holdings are dematerialised, certified by the RTA or, if no RTA exists, by a practicing Company Secretary or Chartered Accountant, and if there are no other grounds for continuing TFTS; stock exchanges must report actions taken to SEBI in their development reports. en-us Thu, 30 Jul 2009 00:00:00 +0530 Fri, 28 Dec 2018 15:38:00 +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=58764 Companies with connectivity to both depositories may be shifted from Trade-for-Trade Settlement to Rolling Settlement if at least half of non-promoter holdings are dematerialised, certified by the RTA or, if no RTA exists, by a practicing Company Secretary or Chartered Accountant, and if there are no other grounds for continuing TFTS; stock exchanges must report actions taken to SEBI in their development reports. Circulars SEBI Thu, 30 Jul 2009 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58764