• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth
• Events 2007

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Mumbai, Feb. 28 Stock market regulator SEBI today withdrew a few of the earlier restrictions it had imposed on Delivery Instruction Slips (DIS) to Depository Participants (DPs). In an earlier circular, SEBI had laid down a few guidelines to safeguard the concerns of investors on transfer of securities in the dematerialised mode.

In the earlier circular it was stated that DPs shall only issue one DIS booklet containing not more than 20 slips for individual account holders. And also that the DPs can issue subsequent DIS booklet to a Beneficial Owner (BO) only after the BO has used not less than 75 per cent of the slips in the previous DIS booklet.

These were the two rules which were withdrawn from the circular as majority of the members of the investors’ associations expressed difficulties relating to these guidelines.

More Stories on : Regulatory Bodies & Rulings

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Survey advises retail investors to take informed decisions

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line