Department of Revenue notifies the Registrars to an Issue and/or Share Transfer Agents as a depository

Jan 09, 2020 | by Avantis RegTech Legal Research Team


Industry Specific Compliance

The Department of Revenue on January 08, 2020, notifies the “Registrars to an Issue and/or Share Transfer Agents” registered under the Securities and Exchange Board of India (Registrars to an Issue and Share Transfer Agents) Regulations, 1993 as a “depository” for the limited purposes of acting as a “collecting agent”, only in case of instruments of transaction otherwise than through a recognised stock exchange or depository.

[Notification No. S.O. 116(E)]


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