INDIA CODE

The register holds dated texts. A date set here selects the text it holds for that day, on the pages that hold one.

Office Memorandum No. 4139/2020/ITD of the Information Technology Department, Government of Karnataka dated 21st October, 2020 on the holding of securities in dematerialised form [C11-XW7]

As at 7 September 2026. In force. No commencement recorded.

Dates: made 21 October 2020; in force not recorded; ceased none recorded. Gazette: none recorded. Band B.

Jurisdiction: Karnataka [IN-KA]. Made by the Information Technology Department, Government of Karnataka.

Synthetic. This instrument, its title, its number and its words are generated by the register.

Cite: Office Memorandum No. 4139/2020/ITD of the Information Technology Department, Government of Karnataka dated 21st October, 2020 on the holding of securities in dematerialised form, Office Memorandum No. 4139/2020/ITD, 21st October, 2020 [C11-XW7]. Machine: C11-XW7.

No. 4139/2020/ITD

GOVERNMENT OF KARNATAKA

Information Technology Department, Government of Karnataka

Bengaluru, dated the 21st October, 2020

OFFICE MEMORANDUM

Subject: The holding of securities in dematerialised form by depositories under the Karnataka Stamp Act, 1957, regarding.

1. The undersigned is directed to say that references have been received in the Information Technology Department, Government of Karnataka on the manner in which the holding of securities in dematerialised form by depositories is to be regulated under the Karnataka Stamp Act, 1957.

2. The matter has been examined. Every depository carrying on the holding of securities in dematerialised form shall make an application in Form A to the State Government within one month, accompanied by a fee of fifty rupees.

3. It is, accordingly, clarified that a separate application shall be made in respect of each place at which the holding of securities in dematerialised form is undertaken, and the State Government shall dispose of it within one month of its receipt.

4. Difficulties, if any, in the implementation of this office memorandum may be brought to the notice of the Information Technology Department, Government of Karnataka.

(Secretary to Government)

Made under

No enabling provision stated.

Acts on (0)

none

Acted on by (0)

none

Not held (0)

none

Office Memorandum No. 4139/2020/ITD of the Information Technology Department, Government of Karnataka dated 21st October, 2020 on the holding of securities in dematerialised form [C11-XW7]