Insertion of sub-rule (2A) of rule 5A of the Companies (Central Government's) General Rules and Forms, 1956
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....he Companies (Central Government's) General Rules and Forms, 1956 namely :- (i) These Rules may be called the Companies (Central Government's) General Rules and Forms (Second Amendment) Rules, 1995. (ii) They shall come into force on the date of their publication in the Official Gazette. In the Companies (Central Government's) General Rules and Forms, 1956 after sub-rule (2) of rule 5A, the following sub-rule shall be inserted, namely :- "(2A) An instrument of transfer shall be in Form 7BB in case of companies listed with OTC Exchange of India, a company registered under section 25 of the Companies Act, 1956, as set forth in Annexure A." FORM NO. 7BB OTC EXCHANGE OF INDIA Date of presenta....
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.......................................... .......................................... ....................................... ....................................... .......................................... ....................................... ....................................... .......................................... ....................................... ....................................... .......................................... TRANSFER PARTICULARS For the consideration of Rs. .................................. (Rupees ....................................) the transferor(s) named do hereby agree to transfer to the transferee(s) to be named, the shares specified in this document, subject....
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.... ...................................................... Power of Attorney/Probate/Death Certificate/Letter of Administration registered with the Company No. ...................................... Date .................... Signature (not initials) of ...Counter/Bank/Company) *Lodged by .............................................................................................................................. Share Certificates to be returned to (Fill in the name and address to which the certificates are required to be returned) *Note : To be filled only if the documents are lodged by a person other than the transferee. .....
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....t, as may be stipulated from time to time. 8. The transferred CR will bear the words 'Transferred CR' on the CR. The transferred CR will not indicate the details of the transaction, therefore the investor is advised to keep a record of it separately before sending in the CR for transfer. 9. Safe custody of any trading document of OTC Exchange of India is at the risk of the holder. The CR is a very valuable document and the holder is requested to keep it safely. 10. If a cheque issued in pursuance of the contract is dishonoured or a CR or any other trading document is found invalid, the contract is liable to be declared null and void. 11. In the event of any claim (whether admitted or not) difference or dispute arising out of thi....
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