Standing Order No. 2399/2015 of the Information Technology Department, Government of Karnataka dated 20th June, 2015 on the holding of securities in dematerialised form [C1P-FNY]

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

Dates: made 20 June 2015; 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, beneath the Act its recital names.

Cite: Standing Order No. 2399/2015 of the Information Technology Department, Government of Karnataka dated 20th June, 2015 on the holding of securities in dematerialised form, Standing Order No. 2399/2015, 20th June, 2015 [C1P-FNY]. Machine: C1P-FNY.

Standing Order No. 2399/2015

GOVERNMENT OF KARNATAKA

Information Technology Department, Government of Karnataka

Bengaluru, dated the 20th June, 2015

STANDING ORDER

All Sub-Registrars,

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

In exercise of the powers conferred by section 9 of the Karnataka Stamp Act, 1957 (Karnataka Act 34 of 1957), the Information Technology Department, Government of Karnataka 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 the holding of securities in dematerialised form by depositories.

2. The matter has been examined. Every depository carrying on the holding of securities in dematerialised form shall make an application in Form E to the District Registrar within one hundred and twenty days, accompanied by a fee of ten rupees.

3. The Sub-Registrar shall ensure that stock of stamps is dealt with as directed above, and shall report compliance to the District Registrar within one hundred and twenty days.

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

(Secretary to Government)

Made under

Recital: "In exercise of the powers conferred by section 9 of the Karnataka Stamp Act, 1957 (Karnataka Act 34 of 1957), the Information Technology Department, Government of Karnataka hereby issues the following Standing Order for the guidance of all officers subordinate to it:". Names section 9 of the Karnataka Stamp Act, 1957 (Karnataka Act 34 of 1957) [S2F-0H7]. Vires verified.

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