Just a moment...

Top
Help
×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS

Additional Payment Mechanism (i.e. ASBA, etc.) for Payment of Balance Money in Calls for partly paid specified securities issued by the listed entity

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....0 December 08, 2020 To All Listed Entities All Recognized Stock Exchanges Dear Sir/Madam, Sub: Additional Payment Mechanism (i.e. ASBA, etc.) for Payment of Balance Money in Calls for partly paid specified securities issued by the listed entity 1. SEBI, in its endeavour to protect investors' interest and reduce investor grievances relating to refund, introduced Application Sup....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....king subscription and/or paying call money Channel I Channel II Channel III Online ASBA: Through an online portal of the SCSB. The SCSBs shall send the application to RTA and block funds in shareholders account. Physical ASBA: Physically at the branch of a SCSB The SCSBs shall send the application to RTA and block funds in shareholders account. Additional Online mode: using....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....gulations; 7.2 take necessary action to institute additional payment channels (electronic banking modes only) for making subscription and/or paying call money in respect of partly paid up specified securities. 7.3 bring the provisions of this circular to the notice of the listed companies and their members and also disseminate the same on their websites; 8. The circular is iss....