Standardization and Simplification of Procedures for Transmission of Securities

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....lification of Procedures for Transmission of Securities 1. With a view to make the process of transmission of securities more efficient and investor friendly, Securities and Exchange Board of India had issued a circular no. CIR/MIRSD/10/2013 dated October 28, 2013. 2. Pursuant to various investors requests and complaints from the investors with regard to the clarification of certain points menti....

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....he earliest and not later than 45 days from the date of issue of the circular. 6. This circular is available on SEBI website (www.sebi.gov.in) under the categories"Legal Framework" and "Circulars". Yours faithfully, Medha Sonparote Deputy General Manager Tel.No: 022-26449312 E-mail id:[email protected] Annexure -A Documentary requirement for securities held in physical mode 1. For sec....

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....n affidavit from such legal heir/claimant(s) alone would be sufficient. b) For value of securities upto` 2,00,000 (Rupees Two lakh only) per issuer company as on date of application, one or more of the following documents: i. Succession certificate or probate of will or will or letter of administration or court decree, as may be applicable in terms of Indian Succession Act, 1925. ii. In the ....