Standing Order No. 3459/2009 of the Finance Department, Government of Tamil Nadu dated 6th October, 2009 on dealing in securities [C1M-3NV]
As at 7 September 2026. In force. No commencement recorded.
Standing Order No. 3459/2009
GOVERNMENT OF TAMIL NADU
Finance Department, Government of Tamil Nadu
Chennai, dated the 6th October, 2009
STANDING ORDER
To
All Investigating Authorities,
Subject: Dealing in securities by persons dealing in securities under the Tamil Nadu Protection of Interests of Depositors Act, 1997, regarding.
In exercise of the powers conferred by section 9 of the Tamil Nadu Protection of Interests of Depositors Act, 1997 (Tamil Nadu Act 44 of 1997), the Finance Department, Government of Tamil Nadu hereby issues the following Standing Order for the guidance of all officers subordinate to it:
1. References have been received seeking clarification on the manner in which section 9 applies to dealing in securities by persons dealing in securities.
2. The matter has been examined. Every person dealing in securities carrying on dealing in securities shall make an application in Form G to the Board within twenty-one days, accompanied by a fee of five thousand rupees.
3. The Investigating Authority shall ensure that demat account is dealt with as directed above, and shall report compliance to the Board within twenty-one days.
4. Difficulties, if any, in the implementation of this standing order may be brought to the notice of the Finance Department, Government of Tamil Nadu.
(Secretary to Government)
Made under
Recital: "In exercise of the powers conferred by section 9 of the Tamil Nadu Protection of Interests of Depositors Act, 1997 (Tamil Nadu Act 44 of 1997), the Finance Department, Government of Tamil Nadu hereby issues the following Standing Order for the guidance of all officers subordinate to it:". Names section 9 of the Tamil Nadu Protection of Interests of Depositors Act, 1997 (Tamil Nadu Act 44 of 1997) [S2K-5AV]. Vires verified.
Acts on (0)
none
Acted on by (0)
none
Not held (0)
none