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Sebi makes fresh bid to find Sahara investors;sets deadline

Sebi also said that income tax would be deducted at source, wherever applicable, unless it receives necessary documents for claim of tax exemption along with the refund application.

August 25, 2014 / 08:45 IST

Sebi also said that income tax would be deducted at source, wherever applicable, unless it receives necessary documents for claim of tax exemption along with the refund application.

In case of change in marital status or if the minor bondholder has attained the age of majority, such investors would need to submit necessary evidence in support of such change in status. Sebi has also asked the bondholders to contact its toll-free telephone helpline for any query.

The application form requires the bondholders to affix a recent photograph and provide details like name, occupation, address, telephone number, PAN (if available), investment details -- account number, number of bonds, amount invested and mode of investment (cash, cheque or draft), as also the investor's bank account details for direct transfer of amount.

The bondholder is also required to give an undertaking, attesting the details in application form with signature or a thumb impression, to return the money along with applicable interest if the declaration subsequently proves to be false.

first published: Aug 24, 2014 06:51 pm

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