Safeguards to address the concerns of the investors on transfer of securities in dematerialized mode

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....h Floor, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai - 400013 The Managing Director and CEO, Central Depository Services (India) Ltd., Phiroze Jeejeebhoy Towers, ^17th Floor, Dalal Street, Mumbai - 400 023 Dear Sir(s), Sub: Safeguards to address the concerns of the investors on transfer of securities in dematerialized mode 1.   &n....

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....h the Depository Participants (DPs) or any other person/entity. The DPs shall not accept pre-signed DIS with blank columns from the BO(s). The DPs shall issue only one DIS booklet containing not more than 20 slips for individual account holders and not more than 100 slips for non-individual account holders, at a time. If the DIS booklet is lost / stolen / not traceable by the BO, the s....

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....orised DP official. The DPs shall put in place appropriate checks and balances with regard to verification of signatures of the BOs while processing the DIS. The DPs shall cross check with the BOs under exceptional circumstances before acting upon the DIS. The DPs shall mandatorily verify with a BO before acting upon the DIS, in case of an account which remained inactive i.e., where no....

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....tely, as may be necessary/applicable. b.      bring the provisions of this circular to the notice of the DPs of the Depository and to disseminate the same on their website as well as monitor compliance by DPs. c.      communicate to SEBI the status of implementation of the provisions of this circular in the Monthly Development Report.  ....