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Modes of despatch of refunds in public issues

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Full Text of the Document

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.... Modes of despatch of refunds in public issues. 1. SEBI, vide circular no SEBI/CFD/DIL/DIP/18/2006/20/1 dated January 20, 2006 has amended SEBI (DIP) Guidelines, 2000; (hereinafter referred as "the guidelines"), to provide for various modes of making refunds to the applicants viz ECS (Electronic Clearing Service)/ Direct Credit/ RTGS (Real Time Gross Settlement)/ NEFT (National Electronic Funds T....

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