Just a moment...

Report
FeedbackReport
Welcome to TaxTMI

We're migrating from taxmanagementindia.com to taxtmi.com and wish to make this transition convenient for you. We welcome your feedback and suggestions. Please report any errors you encounter so we can address them promptly.

Bars
Logo TaxTMI
>
×

By creating an account you can:

Feedback/Report an Error
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home /

Securities and Exchange Board of India (Registrars to an Issue and Share Transfer Agents) Rules, 1993.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....SFER AGENTS) RULES 1993 G.S.R. 436(E). -In exercise of the powers conferred by section 29 of the, Securities and Exchange Board of India Act, 1992, (15 of 1992), the Central Government hereby makes the following rules, namely :- 1. Short title and commencement. - (1) These rules may be called the Securities and Exchange Board of India (Registrars to an Issue and Share Transfer Agents) Rules, 199....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... of persons. (e) "registrar to an issue" means the person appointed by a body corporate or any person or group of persons to carry on the following activities on its or his or their behalf, namely: - (i) collecting applications from investors in respect of an issue ; (ii) keeping a proper record of applications and monies received from investors or paid to the seller of the securiti....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....department or division by whatever name called of a body corporate performing the activities referred in sub-clause (i) if at any time the total number of the holders of its securities issued exceed one lakh. (h) "stock exchange" means a stock exchange which is for the time being recognised by the Central Government under section 4 of the Securities Contracts (Regulation) Act, 1956 (42 ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....he Board to continue to act as registrar to an issue or share transfer agent ; (b) without prejudice to the obligations under any other law the registrar to an issue or share transfer agent, shall enter into a valid agreement with the body corporate or the person or group of persons for or on whose behalf he is buying or selling or dealing in securities as a registrar to an issue or as a transfer....