- As an ongoing measure to enhance the ease of dealing in the securities market, SEBI has specified various norms such as:
- Common and simplified norms for processing investor service requests pertaining to furnishing of PAN, KYC and nomination details by Registrar and Transfer Agents (RTAs)
- Electronic interface for processing investor’s queries, complaints, and service requests
- Mandatory furnishing of PAN, KYC details and nomination by holders of physical securities Policy(Old)
- Compulsory linking of PAN and Aadhaar by all holders of physical securities
- Freezing of folios without valid PAN, KYC details and nomination
- SEBI has also introduced following forms to standardize and simplify the processing of investor services requests :-
For nomination as provided in the Rules 19 (1) of Companies (Share capital and debenture) Rules, 2014
Declaration to opt out
Cancellation of nomination by the holder(s) (along with ISR-3) / Change of Nominee
| Particulars | Form name |
|---|---|
|
| Form SH-13 |
|
| Form ISR-3 |
|
| Form SH-14 |