Latest Affidavit-cum-Indemnity Bond News & Updates

Mumbai, Dec 25 (IANS) The market regulator Securities and Exchange Board of India (SEBI) has simplified the process for issuing duplicate securities certificates to make it faster and more investor-friendly. In a circular, the market regulator doubled the monetary threshold for the simplified documentation process to Rs 10 lakh from the earlier Rs 5 lakh.With this change, investors whose lost or damaged securities are valued up to Rs 10 lakh will now have to submit fewer documents to get duplica…