SC: Arrest & Remand Illegal if Grounds Not Given in Language Arrestee Understands || SC: Judgment for Deceased Party is Null if Legal Heir was not Brought on Record Before Hearing || SC: Hiding a Candidate’s Conviction Voids Election, Regardless of Whether it Influenced Results || Delhi HC: Not Here to Monitor Delhi University, but Students Must Follow Law During Elections || J&K&L HC: Paying Tax or GST Registration Doesn’t Legalize Unlicensed Business Activities || Delhi HC: Victim’s Past or Character Cannot be Used to Suggest Consent in Assault Cases || P&H HC: Constitution isn’t Privilege Charter; Reservation in Promotions Requires Statutory Amendment || Kerala HC: Law Must be Amended to Hold Landowners Liable for Illegal Paddy Land Reclamation || Bombay HC: Parents Saying Daughter was Unhappy, Wept Often not Enough to Convict under 498A IPC || Kerala HC: Physiotherapists and Occupational Therapists Cannot Use “Dr.” Without Medical Degree

Transfer of securities only in demat form - Deadline extended till April 1, 2019- (Securities and Exchange Board of India) (03 Dec 2018)

MANU/SPRL/0049/2018

Capital Market

The Board, on March 28, 2018, decided that except in case of transmission or transposition of securities, requests for effecting transfer of securities shall not be processed unless the securities are held in the dematerialized form with a depository. This measure was to come into effect from December 5, 2018.

Subsequently, SEBI has received representations from shareholders for extension of the date of compliance. In view of the same, the deadline has been extended and the aforesaid requirement of transfer of securities only in demat form shall now come into force from April 1, 2019.

Tags : TRANSFER SECURITIES DEMAT FORM

Share :