Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Insertion of sub-rule (2A) of rule 5A of the Companies (Central Government's) General Rules and Forms, 1956

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... overnment's) General Rules and Forms, 1956 namely :-- (i) These Rules may be called the Companies (Central Government's) General Rules and Forms (Second Amendment) Rules, 1995. (ii) They shall come into force on the date of their publication in the Official Gazette. In the Companies (Central Government's) General Rules and Forms, 1956 after sub-rule (2) of rule 5A, the following sub-rule shall be inserted, namely :-- "(2A) An instrument of transfer shall be in Form 7BB in case of companies listed with OTC Exchange of India, a company registered under section 25 of the Companies Act, 1956, as set forth in Annexure A." FORM NO. 7BB OTC EXCHANGE OF INDIA Date of presentation to the prescribed authority (Pursuant to sub-rule (2A) of ru .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ;………… Issuing Counter details : Investor's details : ………………. Counter Code : ………………………………. Investor's Code : ……………….. Counter Name : ……………………………… Investor's Name : ………………. Counter's Signature : …………………………. Investor's Signature : …………… Distinctive Number Range : ………………&hell .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... llip;………………………) the transferor(s) named do hereby agree to transfer to the transferee(s) to be named, the shares specified in this document, subject to the conditions on which the said shares are now held by the transferor(s) and to be held by the transferee(s) do hereby agree to accept and hold the said shares subject to the conditions aforesaid : Transferor(s) (Seller)/Transferee(s) (Buyer) Particulars Regd. Folio No. Code No. Name of the Holders Address Signature(s) …………………………………………. ………………………&he .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ;……………………... ……………………………………………... ……………………………………………... Signature …………………………. Name & Address/Seal of the Counter ……………………………………………... Power of Attorney/Probate/Death Certificate/Letter of Administration registered with the Company No. ………&he .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... the holder to exchange the same for Share Certificates and vice versa, at the option of the holder. 6. The first holder of a CR is authorised, to transact on behalf of all the holders. The other holders will be deemed to have given their consent for all transaction. However, all the holders will have to sign on Part B of the Counter Receipt and transfer form, in case the shares are registered in the Company's books in the investors' name. The seller/ buyer of shares will sign the transfer form as transferor/transferee respectively. 7. Transfer, would take place, within reasonable time, without reference to the relevant company, if the investor's purchase/holding does not exceed 0.5% of the Company's paid-up capital or such other limit, as .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... express delivery post. e. by sending it by telegram. f. by affixing it on the door at the last known business and residential address. g. by its oral communication of the party in the presence of third person. h. by advertising it at least once in any daily newspaper published by Bombay. 14. All dealing, transactions and contracts which are subject to the Rules, Regulations and Bye-laws of the Exchange and every arbitration agreement to which the Rules, Regulations and Bye-laws of the Exchange apply shall be deemed in all respects to be subject to the Rules, Regulations and Bye-laws of the Exchange and shall take effect as wholly made, entered into and to be performed in the whole of India and the parties to such dealings, transac .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates