Friday, June 1, 2018

Now share transfer agents have to maintain books of account in respect of eight preceding financial

SEBI has notified amendment to the SEBI (Registrars to an issue and Share transfer agents) Regulations, 1993. Amendment has been made to Regulation 14 - To maintain proper books of account, and records, etc. and Regulation 15 - Maintenance of records. Under the revised norms, now share transfer agents need to maintain books of accounts in respect of eight preceding financial years. Earlier the period was three years.

from taxmann.com News https://ift.tt/2HaApho

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