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Share transfer - Registration of Bulk lodgement of instrument of transfer of shares/debentures

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Full Text of the Document

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....ted to say that as per the existing procedure, prescribed under section 108of the Companies Act, 1956, the shares/debentures can be transferred only by execution of a transfer deed. In case of bulk handling of transfer deeds, in respect of transactions entered into by the Foreign Institutional Investors (FIIs) registered with SEBI, Public Financial Institutions as defined under section 4A of the C....

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