INDIA CODE

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Office Memorandum No. 3278/2017/ITD of the Information Technology Department, Government of Karnataka dated 20th January, 2017 on the holding of securities in dematerialised form [C19-8P7]

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

Dates: made 20 January 2017; 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. 3278/2017/ITD of the Information Technology Department, Government of Karnataka dated 20th January, 2017 on the holding of securities in dematerialised form, Office Memorandum No. 3278/2017/ITD, 20th January, 2017 [C19-8P7]. Machine: C19-8P7.

No. 3278/2017/ITD

GOVERNMENT OF KARNATAKA

Information Technology Department, Government of Karnataka

Bengaluru, dated the 20th January, 2017

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 C to the Collector within thirty days, accompanied by a fee of five hundred 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 Collector shall dispose of it within thirty days 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. 3278/2017/ITD of the Information Technology Department, Government of Karnataka dated 20th January, 2017 on the holding of securities in dematerialised form [C19-8P7]