- Extension of timelines (i) for nomination in eligible demat accounts and (ii) for submission of PAN, Nomination and KYC details by physical security holders; and voluntary nomination for trading accounts
SEBI, vide its circular SEBI/HO/MIRSD/POD-1/CIR/2023/158, dated September 26, 2023 and SEBI/HO/MIRSD/POD-1/P/CIR/2023/193, dated December 27, 2023 has made the submission of ‘choice of nomination’ for trading accounts voluntary and has extended the last date for submission of ‘choice of nomination’.
- Simplified norms for processing investor’s service requests by RTAs and norms for furnishing PAN, KYC details and Nomination
SEBI vide its circular dated November 17, 2023 has removed certain provisions with respect to physical folios to mitigate challenges on account of freezing of folios. For more information, click on the link: SEBI/HO/MIRSD/POD-1/P/CIR/2023/181
- Online processing of investor service requests and complaints by RTAs
SEBI vide its circular dated June 8, 2023 has provided a mechanism for the investor to lodge service requests and complaints to the RTA online and thereafter, track the status and obtain periodical updates. For more information, click on the link: SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2023/72
- Model Tripartite Agreement between the Issuer Company, Existing Share Transfer Agent and New Share Transfer Agent as per Regulation 7(4) of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015
SEBI vide its circular dated May 25, 2023, provides that in case of any change or appointment of a new share transfer agent, the listed entity shall enter into a tripartite agreement between the existing share transfer agent, the new share transfer agent and the listed entity. In order to view the Model Tripartite Agreement, click on the link: SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2023/79