sebi:WTM/SM/IVD/ID6/9171/2020-21
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Facts / Headnote
Application disposed of with direction allowing transfer of securities to individual account within three months
Holding
The applicant is allowed to transfer the securities held in the joint Demat account no. 10101010 held jointly with Mr. Toshniwal to a Demat account in her individual name within a period of three months from this order.
Full text
Miscellaneous Order in the matter of Pine Animation Ltd. Page 2 of 7 iii. The said Demat account is jointly held by the applicant as primary holder, with her husband, i.e., Mr. Toshniwal as the second holder. iv. The said Demat account has been opened in joint holding only for future security purposes. v. Due to the prohibition imposed vide Final order on Mr. Toshniwal, the said Demat account has also been frozen. vi. All the transactions in the said Demat account have been done from the funds solely earned by the applicant. vii. The details of holding of such shares as well as details of gains arising out of sale of such shares held in the said Demat account are duly mentioned in the Balance Sheets filed with the Income Tax Returns (ITR) of the applicant. viii. Copy of Demat account statement furnished for the year ending on March, 2018 and March, 2019; copy of ITRs along with Balance Sheets for financial years 2017-18 and 2018-19, and a certificate of CA to show that the funds used for purchase of securities lying in said Demat account were purchased from the applicant’s own source only.
Miscellaneous Order in the matter of Pine Animation Ltd. Page 3 of 7 holding statements of the demat account etc., of Mr. Toshniwal and the said documents were filed by the applicant immediately.
Miscellaneous Order in the matter of Pine Animation Ltd. Page 4 of 7 14 L & T INFRASTRUCTURE FINANCE COMPANY LIMITED 8.2 BD 22MR21 FVRS1000 Bond 2011 15 VITAN AGRO INDUSTRIES LIMITED EQ NEW F.V Re.1/- Equity 2013 16 THE LAKSHMI VILAS BANK LIMITED EQ Equity 2014 17 J. KUMAR INFRAPROJECTS LIMITED EQ NEW FV RS. 5/- Equity 16/08/2016 18 LOKESH MACHINES LIMITED EQ Equity 16/08/2016 19 N. R. AGARWAL INDUSTRIES LIMITED EQ Equity 16/08/2016 20 THE FEDERAL BANK LIMITED EQ NEW FV RS.2/- Equity 17/08/2016 21 UNITECH LIMITED EQ NEW FV RS.2/- Equity 19/08/2016 22 WELSPUN INDIA LIMITED EQ NEW FV RE. 1/- Equity 29/8/2016 23 MAHANAGAR TELEPHONE NIGAM LIMITED. EQ Equity 31/1/2017 24 ICICI LOMBARD GEN INSURANCE CO LTD EQ Equity-IPO 27/09/2017 25 TATA CONSULTANCY SERVICES LIMITED EQ NEW FV RE.1/- Equity 21/06/2018 26 POWER FINANCE CORPORATION LTD. EQ Equity 05/10/2018 27 STATE BANK OF INDIA EQ NEW RE. 1/- Equity 05/10/2018 28 NATIONAL ALUMINIUM COMPANY LIMITED EQ NEW F.V. RS.5/- Equity 15/02/2019
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Source: SecMarx — sebi:WTM/SM/IVD/ID6/9171/2020-21. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (bench, timelines, appeal chain) is cited to us.