TMI BlogSecurities And Exchange Board Of India (Registrars To An Issue And Share Transfer Agents) (Amendment) Regulations, 2006X X X X Extracts X X X X X X X X Extracts X X X X ..... e Board of India (Registrars to an Issue and Share Transfer Agents) (Amendment) Regulations, 2006. 2. They shall come into force on the date of their publication in the Official Gazette. 3. In the Securities and Exchange Board of India (Registrars to an Issue and Share Transfer Agents) Regulations, 1993:- (i) in regulation 2 a. clause (a) shall be renumbered as clause (aa) thereof, and before the clause so renumbered, the following clause shall be inserted, namely:- (a) Act means the Securities and Exchange Board of India Act, 1992 (15 of 1992); b. in clause (aa) so renumbered, for the words under clauses (e) and (g) of rule 2 occurring at the end, the words under clauses (f) and (g) of regulation 2 shall be ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... aning of regulation 12 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997; (ii) in any other case, change in the controlling interest in the body corporate; Explanation : For the purpose of sub-clause (ii), the expression controlling interest means an interest, whether direct or indirect, to the extent of at least fifty one percent. of voting rights in the body corporate; d. after clause (d), the following clause shall be inserted, namely:- (da) issue means an offer of sale or purchase of securities by any body corporate or by any other person or group of persons on his or its or their behalf, as the case may be, to or from the public, or the holders ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... xchange which is for the time being recognised by the Central Government or by the Board under section 4 of the Securities Contracts (Regulation) Act, 1956 (42 of 1956); g. in clause (h), the words and the rules occurring after the words defined in the Act and the words or the rules, as the case may be occurring at the end shall be omitted. (ii) in regulation 3, after sub-regulation (1), the following sub-regulation shall be inserted, namely:- (1A) An application for registration made under sub-regulation (1) shall be accompanied by a non-refundable application fee as specified in Schedule II. (iii) in regulation 9, after sub-regulation (1), the following sub-regulation shall be inserted, namely:- (1A) An appl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... med about the number, nature and other particulars of the complaints received and the manner in which such complaints have been redressed; (f) it shall abide by the regulations made under the Act in respect of the activities carried on by it as a registrar to an issue or a share transfer agent. (2) Nothing contained in clause (a) of sub-regulation (1) shall affect the obligation to obtain a fresh registration under section 12 of the Act in cases where it is applicable. Period of validity of certificate 9B. The certificate of registration granted under regulation 8 and its renewal granted under regulation 9, shall be valid for a period of three years from the date of its issue. (v) in Schedule II a. in paragra ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... S.O. 939 (E); (b) on September 17, 1997 by Securities and Exchange Board of India (Registrars to an Issue and Share Transfer Agents) (Amendment) Regulations, 1997 vide No. S.O. 660 (E). (c) on January 5, 1998 by Securities and Exchange Board of India (Registrars to an Issue and Share Transfer Agents) (Amendment) Regulations, 1998 vide No. S.O. 14 (E). (d) on September 30, 1999 by Securities and Exchange Board of India (Registrars to an Issue and Share Transfer Agents) (Amendment) Regulations, 1999 vide No. S.O. 796 (E). (e) on November 17, 1999 by Securities and Exchange Board of India (Registrars to an Issue and Share Transfer Agents) (Second Amendment) Regulations, 1999 vide No. S.O. 1120 (E). (f) on March 28, 200 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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