SEBI Circular on Standardization in process of Transmission
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An Analytical Note. Securities & Exchange Board of India (‘SEBI’) along with the Registrars Association of India has reviewed the process of transfer & transmission of shares held in physical and dematerialized form to simplify it in investors’ interest.
SEBI has laid down the following provisions relating to the standardization of the transmission process by the Companies, Depositories, Registrar to Share Transfer Agents & all Recognized Stock Exchanges as under SEBI’s Circular No. CIR/MIRSD/10/2013 dated 28/10/13.
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