How is a lien imposed upon securities?
The lien restriction is imposed by virtue of a decision issued by the competent authorities. The SDC undertakes the task of authenticating a lien upon deposited securities. As for non-deposited securities, the SDC sends circulars to all the issuers to take the necessary measures (issuers will remain responsible for placing lien restrictions upon non-deposited securities on their own responsibility).
FAQS Taxonomy
