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=58772 Shift to Rolling Settlement is permitted for securities with connectivity to both depositories provided a defined proportion of other than promoter holdings are dematerialised, certified by the Registrar and Transfer Agent or, if none, by a practicing Company Secretary or Chartered Accountant; exchanges must ensure no other grounds warrant continuation of Trade for Trade Settlement and must report action taken in the Monthly/Quarterly Development Report. en-us Mon, 29 Jun 2009 00:00:00 +0530 Fri, 28 Dec 2018 16:13:00 +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=58772 Shift to Rolling Settlement is permitted for securities with connectivity to both depositories provided a defined proportion of other than promoter holdings are dematerialised, certified by the Registrar and Transfer Agent or, if none, by a practicing Company Secretary or Chartered Accountant; exchanges must ensure no other grounds warrant continuation of Trade for Trade Settlement and must report action taken in the Monthly/Quarterly Development Report. Circulars SEBI Mon, 29 Jun 2009 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58772