SEBI Proposes Simpler Rules For Issuing Duplicate Securities Certificates, Raises Threshold To Rs 10 Lakh
Mumbai: The Securities and Exchange Board of India (SEBI) on Tuesday proposed making it easier for investors to get duplicate securities certificates in case their original ones are lost. The regulator said the current process is complicated and often inconvenient because different companies and registrars follow different rules. At present, investors must file a police…