Taxmann's Analysis | SEBI's Nomination Decisions – What Every Investor Needs to Know!

· Taxmann Publications Private Limited
Ebook
13
Pages
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About this ebook

This article analyses SEBI's circular dated June 10, 2024, which notifies important decisions for existing and new investors. Demat and mutual fund accounts will no longer be frozen due to the non-submission of nominations. Also, listed companies/RTAs are prohibited from withholding payments due to a lack of nominations. The write-up covers the following key aspects:

‣ SEBI's key decisions for existing investors/unitholders

‣ Mandatory nomination choices for new investors

‣ Encouraging nomination choices for the smooth transmission of securities

‣ Email reminders from DPs and AMCs for nomination updates

‣ Pop-up reminders for existing investors to submit nominations

‣ Conclusion

About the author

At the heart of Taxmann Publications lies the Research & Editorial Team, established from a cadre of Chartered Accountants, Company Secretaries, and Lawyers. This group, operating under the guidance of Editor-In-Chief Mr Rakesh Bhargava, is the cornerstone of Taxmann's commitment to delivering unparalleled content accuracy and reliability.

The team's mission is anchored in the principles of the Six Sigma methodology, with a steadfast goal of eradicating errors and upholding the highest standards of excellence in all publications and research outputs. Their rigorous content development process is informed by core guidelines, ensuring every piece of work is authoritative and insightful. These guidelines include:

• Sourcing – All statutory materials are derived exclusively from authorized and credible sources, guaranteeing the integrity of the information provided

• Current Awareness – The team prioritizes keeping readers well-informed of the latest judicial and legislative developments, ensuring content is both timely and relevant

• Analytical Insights – Special emphasis is placed on crafting analytical pieces on topical, contentious, and impactful issues, aiding readers in comprehensively understanding the nuances and implications of recent events

• Clarity and Accuracy – Taxmann pledges that every publication is thorough, precise, and articulated with clarity, serving as a reliable reference for complex subjects

• Evidence-based Referencing – Assertions and analyses are meticulously backed with references to relevant sections, circulars, notifications, or citations, enhancing the content's credibility

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