Dematerialisation is the process by which a client can get physical certificates converted into electronic balances. Every unlisted public / private company shall facilitate dematerialisation of all its existing securities by making necessary application to a depository as defined in section 2 (1) (a) of the Depositories Act, 1996 and shall secure International Security Identification […]
NBFCs are required to submit various returns to RBI w.r.t their deposit acceptance, prudential norms compliance, ALM etc. Detailed instructions regarding submission of returns by NBFCs have been issued through various company circulars. A list of such returns to be submitted by NBFCs-D, NBFCs-ND-SI and others is as under LIABILITY a) ACCEPTING DEPOSIT b) NON […]
Section 56 – Companies Act, 2013– Transfer and Transmission of Securities A company shall not register a transfer of securities of the company, or the interest of a member in the company in the case of a company having no share capital, other than the transfer between persons both of whose names are entered as […]
