October 05, 2007
PR No. 270/2007
Order against AMI Computers (I) Ltd. (AMI) to cease all activities pertaining to Registrar and Share Transfer Agent
Shri V.K.Chopra, Whole Time Member, SEBI, vide order dated September 25, 2007, has directed AMI Computers (I) Ltd. (AMI) to cease all activities pertaining to Registrar and Share Transfer Agent of any issue and to transfer the records of its existing clients to another share transfer agent registered with SEBI as identified by the concerned company or to the companies concerned immediately. SEBI has also directed National Securities Depository Ltd. (NSDL) and Central Depository Services (India) Ltd. (CDSL) to put on hold all requests for dematerialisation and rematerialisation received through AMI. NSDL and CDSL have also been directed to instruct the client companies of AMI to shift their registrar and share transfer agent urgently. SEBI has stated that if AMI is aggrieved by this interim ex-parte order it may file its objections in writing with SEBI within 15 days of the order. The order would come into force with immediate effect.
Mumbai
October 05, 2007
|