SC: Casual Workers Can't be Denied Regularisation if Similar Daily Wagers were Regularised || Supreme Court: Illegal Change of Land Use under Punjab Act Cannot be Legalised Later || Allahabad High Court: Magistrate Must Consider Closure Report Even After Taking Cognizance || Allahabad HC: CGST Arrest Memo Must Include Grounds as Annexure; Reasons to Believe Not Needed || Kerala HC: Petitioner’s Identity Must be Verified Via SHO in Cases of Bank Account Defreezing || J&K&L HC: Undenied Pleadings are Deemed Admitted by Implication under the CPC || Kerala HC: Transfer Order Pending Disciplinary Proceedings Cannot be Disguised as Punishment || Allahabad HC: GST, Incentives, 0r Festival Advances Cannot be Deducted From Employee’s Retiral Dues || SC: Absconding Accused Cannot Claim Anticipatory Bail Solely Because a Co-Accused Was Acquitted || Supreme Court: District Cricket Bodies Must Adopt Good Governance Voluntarily, Not Follow BCCI Rules

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 :