Registrar Function definition

Registrar Function means the functions with regard to:
Registrar Function means the function with regard to:
Registrar Function means the function with regard to: (a) Maintaining the Register; (b) Processing requests for issue, redemption, transfer and transmission of Units and requests for recording of pledge or for recording of changes in information / particulars / data with regard to the Holders; (c) Issuing Account Statements to Holders; (d) Issuing Certificates including Certificates in lieu of undistributed income to Holders; (e) Dispatching income distribution warrants and allocating Units to Holders on reinvestment of dividends as per Clause 39 of this Deed; (f) Cancelling old Certificates on redemption or replacement; (g) Maintaining records of lien / Pledge / charge on units, transfer / switching of units, Zakat; and (h) Keeping record of change of addresses / other particulars of the Holders. The Registrar Function is the sole responsibility of the Management Company.

Examples of Registrar Function in a sentence

  • However, at its discretion the Management Company may outsource the Registrar Function to a third party.

  • The Management Company may itself perform the Registrar Function.

  • The Management Company may outsource the Registrar Function at a later stage, provided the best interests of the Unit Holders are protected.

  • The Management Company may out source the Registrar Function and appoint a Registrar, responsible for maintaining Unit Holders’ records and providing related services.

  • The Management Company may outsource the Registrar Function and appoint a Registrar, responsible for maintaining Unit Holders’ records and providing related services.


More Definitions of Registrar Function

Registrar Function means the functions with regard to: (a) Maintaining the Register; (b) Receiving application for transfer/transmission of Units directly from Unit Holders or their legal representatives; (c) Processing requests for transfer and transmission of Units with regard to the Unit Holders, and effectuating such transfers in the Register; (d) Issuing and dispatching of Unit Certificates; (e) Dispatching of dividend warrants / bonus certificates; (f) Cancelling old Unit Certificates on replacement; (g) Keeping record of change of addresses/ other particulars of the Unit Holders; (h) Central Depository System (CDS) related activities in connection with the REIT Scheme; and (i) Any other related or incidental functions.

Related to Registrar Function

  • Registrar means any bank or trust company having an office in the Borough of Manhattan, The City of New York, which shall be appointed to register Receipts and transfers of Receipts as herein provided.