https://www.taxtmi.com/circulars?id=61360 Companies must effect share transfers on receipt of proof of purchase acknowledged by the stock exchange/broker or indemnity bond, send registered letters to transferors within ten days seeking confirmation/no-objection with a fifteen-day response period, and effect transfers immediately if no valid prohibitory order from a competent authority is produced; benefits held back must be delivered to the transferee and exchanges shall arbitrate disputed benefit claims, while delays or lost deeds during rectification render the company liable to transfer and compensate for opportunity losses. en-us Thu, 27 Sep 2001 00:00:00 +0530 Wed, 05 Jun 2019 15:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=61360 Companies must effect share transfers on receipt of proof of purchase acknowledged by the stock exchange/broker or indemnity bond, send registered letters to transferors within ten days seeking confirmation/no-objection with a fifteen-day response period, and effect transfers immediately if no valid prohibitory order from a competent authority is produced; benefits held back must be delivered to the transferee and exchanges shall arbitrate disputed benefit claims, while delays or lost deeds during rectification render the company liable to transfer and compensate for opportunity losses. Circulars SEBI Thu, 27 Sep 2001 00:00:00 +0530 https://www.taxtmi.com/circulars?id=61360