Dematerialisation Problems
Are All problems for dematerialization extremely simple and investors are fools, not to understand the procedures…. NO.
Are All problems for dematerialization of Physical shares related only to signatories NOT being available…… NO.
Are All problems going to be solved by extending the last date for dematerialization (indefinitely)….. NO.
Is SEBI in a position to Understand those UNCOMMON Problems, due to which the investors have been following up with the Companies or their RTAs (Registrar & Transfer Agents) for a decade or even much more, but are helpless due to SEBI’s attitude of refusing to understand various problems….. YES.
Well… that is the real problem.
If really SEBI wants to solve these problems, SEBI should open up a special investor grievance help centre, where the Companies and RTAs are playing Devil’s roll.
To start with, SEBI can get related details on emails and then if required, call the investor in person to examine documentary proof to ensure that Companies & RTAs are harassing the investor to make him/her lose the holdings. In such a case, SEBI must decide in advance, a Penalty for such Companies and RTAs, which I very much doubt SEBI would even consider.
But then… SEBI cares a damn for common investor (specially the senior citizens) and wants to work on the surface, without trying to find the major problems hidden deep within. What kind of ignorant Mindset.
Mera Bharat Mahan
Are All problems for dematerialization of Physical shares related only to signatories NOT being available…… NO.
Are All problems going to be solved by extending the last date for dematerialization (indefinitely)….. NO.
Is SEBI in a position to Understand those UNCOMMON Problems, due to which the investors have been following up with the Companies or their RTAs (Registrar & Transfer Agents) for a decade or even much more, but are helpless due to SEBI’s attitude of refusing to understand various problems….. YES.
Well… that is the real problem.
If really SEBI wants to solve these problems, SEBI should open up a special investor grievance help centre, where the Companies and RTAs are playing Devil’s roll.
To start with, SEBI can get related details on emails and then if required, call the investor in person to examine documentary proof to ensure that Companies & RTAs are harassing the investor to make him/her lose the holdings. In such a case, SEBI must decide in advance, a Penalty for such Companies and RTAs, which I very much doubt SEBI would even consider.
But then… SEBI cares a damn for common investor (specially the senior citizens) and wants to work on the surface, without trying to find the major problems hidden deep within. What kind of ignorant Mindset.
Mera Bharat Mahan
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डीमेट समस्या और निदान मैं डीमेट के पक्ष में ही केवल नहीं हूँ बल्कि चाहता हूँ कि सारे भौतिक शेयर डीमेट में परिवर्तित हो जाँय। इसके लिये SEBI एवं MCA को व्यवहारिक तथ्यों पर गौर ही नहीं निदान की ब्यवस्था करनी चाहिये । अब मैं उदाहरणार्थ कुछ छोटे वरिष्ठ शेयरधारकों की समस्या प्रस्तुत कर रहा हूँ - 1) पति-पत्नी के संयुक्त नाम में शेयर हैं ।किसी भी कारणों से दोनों अलग अलग रह रहे हैं यानि तलाक भी नहीं लिया है और आपसी सारे रिश्ते स्थगित हैं । 2) अपने पुत्र / पुत्री के साथ संयुक्त नाम से शेयर हैं और पुत्र / पुत्री पढ़ने विदेश गये सो लौट ही नहीं रहे हैं या शादी होने के बाद विदेश गये और वापस लौटना कब होगा अनिश्चित है। 3) पिता / माता की मृत्यु पश्चात बच्चों के संयुक्त नाम में शेयर पर उनके आपसी असहनशीलता के चलते समस्या हो रही है। इसी तरह और भी समस्या लिये संयुक्त नाम वाले शेयरधारकों के लिये SEBI एवं MCAको ट्रांसफर की सुविधा जारी रखनी चाहिये हाँलाकि अब से SEBI एवंMCA दोनों ही यदि डीमेट की जिम्मेदारी कम्पनियों पर डाल दे यानि जो भी शेयर ट्रान्सफर / ट्रान्समिशन / ट्रान्सपोजिसन के लिये आयें तो उन पर कार्यवाही पश्चात डीमेट खाते में ही क्रेडिट दिया जाय तो निश्चित ही बहुत कम समय में काफी संख्या में भौतिक शेयरों से मुक्ती मिल जायेगी । बाकी विस्तार से मैंने आपलोगों के समक्ष पहले रखा ही है ( SEBI को भी पत्र भेजा है हाँलाकि हर ईमेल पते पर MCA को भेजी मेल लौट गयी ) फिर भी यहाँ लिंक उपलब्ध करा रहा हूँ -
Mar 29
I sent 100 shares of crown tours for dematerialisation. Shares were returned back by the registrar M/s Link Intime, with the remarks that the signatures of the shareholders are unavailable in the records of the company and asked me to submit large no. of documents like duly notarised affidavit, bank certificate etc, which w ould cost more than the value of shares. Is it the way, small shareholders are treated by the registrar. Where is my fault, if the company donot keep proper records, but the registrar wants to penalise me .will SEBI or other authorities will listen?
Mar 21
i have demat with Share Khan. i lost my mobile. and ShareKhan is not is doing the mobile no. change. had it been a paper share, it would not happen. I purchased Tata Digital once through TMF directly quoting DP as SBI Caps , another time directly through SbiCaps. they changed the nos. themselves against the holdings. now i can not sell the shares. On Thu, Mar 21, 2019 at 10:09 AM Mangesh Anaokar < support@localcirclesmail.com> wrote: >
Mar 21
Actually, signature not tallying is basic excuse by companies and registrars to get kick backs based on market value of the physical holding.... in nexus with SEBI
Mar 21
