As per existing provisions, investors must submit a copy of FIR/police complaint/court order, publish a newspaper advertisement, and provide separate affidavit and indemnity bonds, except for securities valued up to Rs 5 Lakhs. The paper proposes raising the simplified documentation threshold from Rs 5 Lakhs to Rs 10 Lakhs to reflect current market realities. It also recommends replacing separate affidavit and indemnity bonds with a single standardized Affidavit-cum-Indemnity form, with stamp duty applicable based on the investor’s state of residence, and formalizing the existing practice of the listed company issuing the loss advertisement. The comments/ feedback from stakeholders are invited.
