Regulation 78 - Conditions for making applications on plain paper - Securities And Exchange Board of India (Issue Of Capital And Disclosure Requirements) Regulations, 2018

Conditions for making applications on plain paper 78. (1) Shareholders who have not received the application form may make an application in writing on a plain paper, along with the requisite application money. 1 [ Provided that SCSBs shall accept such application forms only if all details required for making the application as per these regulations are specified in the plain paper application. ] (2) Shareholders making an application on plain paper shall not be entitled to renounce their rights and shall not utilise the application form for any purpose including renunciation even if it is received subsequently. (3) If a shareholder makes an application both in an application form as well as on a plain paper, both applications are liable to be rejected. ************* NOTES:- 1 . Inserted vide Notifivation No. SEBI/LAD-NRO/GN/2020/31 dated 28-09-2020