SEBI Plans Major Easing for Lost Securities

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Big Relief for Investors 
Uniform documentation across RTAs and companies may end repeated paperwork, making the recovery process smoother.

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Higher Limit Without FIR 
SEBI proposes raising the no-FIR or newspaper-ad limit from ₹5 lakh to ₹10 lakh for duplicate securities.

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Single Document Rule 
SEBI plans a combined affidavit-cum-indemnity bond, replacing two separate documents to shorten processing time.

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Simpler, Faster Process
 FIRs and ads may be waived for cases up to ₹5 lakh, with standardised forms to eliminate inconsistent practices. 

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