2B CHAPTER 7

LODR Regulations allows the listed entities to appoint a share transfer agent or manage the facility in-house.

Listed entity means an entity which has listed, on a recognized stock exchanges

An application has to be made in the prescribed format accompanied by non-refundable fee to SEBI for grant of registration as an R&T agent

A Registrar to an Issue and Share Transfer Agent shall maintain low standards of integrity in the conduct of its business

A Registrar to an Issue and Share Transfer Agent shall avoid conflict of interest and make adequate disclosure of its interest

Registrar to an Issue and Share Transfer Agent shall maintain the required level of knowledge and competency and abide by the provisions of the Act

SEBI has advised QRTAs to formulate and implement a comprehensive policy framework

Business Continuity Plan: QRTAs shall maintain Business Continuity Plan (BCP) with a Center situated at location other than primary processing location (off-site),

QRTAs shall lay down appropriate protocols, processes and controls for its activities and also for entities who wish to connect with the database of the QRTAs electronically.

QRTAs shall have online capabilities for investor queries, complaints and their redressal.