Custom print

CSD-2.6.6

Past version: Effective from 01 May 2009 to 31 Mar 2016
To view other versions open the versions tab on the right

Without prejudice to the right of an issuer to refuse to register a transfer under any written law, the issuer shall refuse registration of the transfer mentioned in rule CSD-2.6.8 if:

(a) It ascertains that the certificate is not a genuine certificate, or is a certificate that was reported lost or destroyed; or
(b) In relation to any such security, it discovers that:
(i) There has been a duplication in the issuance of the certificate representing the security;
(ii) Such certificate is a certificate issued in excess of the issued share capital of the issuer; or
(iii) It has been served with an order of a court of competent jurisdiction prohibiting any dealing in respect of the security underlying such certificate.