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Corporate Laws Central Ministry of Finance Securities and Exchange Board of India Act, 1992

CDSL - Reiteration of SEBI circular to further simplify and standardise the procedure for issuance of duplicate securities certificates

26-Dec-2025 | CDSL/OPS/DP/POLCY/2025/850

CDSL has reiterated SEBI circular to further simplify and standardise the procedure for issuance of duplicate securities certificates, with the objective of easing investments and protecting investor rights. By virtue of this circular, SEBI enhanced the threshold for simplified documentation from Rupees 5 lakh to 10 lakh, thereby expanding the scope of cases eligible for a streamlined process. It introduced a standardised Affidavit-cum-Indemnity format, rationalised documentation requirements for securities valued above Rupees 10 lakh, and dispensed with notarisation for cases involving securities up to Rupees 10,000, where only an undertaking on plain paper is required. For higher-value cases exceeding Rupees 10 lakh. Additional safeguards such as FIR or equivalent legal documents and newspaper publication requirements, were retained. Including to pending applications, and mandates that duplicate securities be issued only in dematerialised form, promoting dematerialisation and improving efficiency.

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Corporate Laws

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Bihar Government Notification on Implementation of Section 27 and Schedule VII of the Bihar Ease of Doing Business Act 2026 for Dispensation of Duplicate Licences

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