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Form 4: Notice to the Competent Authority of Discontinuation as Person on Record (See Regulation Nos. 3.5.1, 3.5.2, 3.5.3, 3.5.4, and 3.5.5) To The Municipal Commissioner, Jamnagar Municipal Corporation,
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Form 4 notice to is required by individuals or organizations who need to officially notify a particular authority or interested party about a specific event, situation, or change of circumstance.
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This may include but is not limited to employers informing employees about termination or change in employment conditions, tenants providing notice to landlords about lease termination or rent increase, or individuals notifying government agencies about certain legal or administrative matters.
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The specific requirement for form 4 notice to may vary depending on the jurisdiction and the purpose of the notice.
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Form 4 notice is a regulatory filing that discloses changes in beneficial ownership of securities by insiders, such as executives and directors, of publicly traded companies.
Individuals who are considered insiders, including officers, directors, and any shareholders owning more than 10% of a company's equity securities, are required to file Form 4.
To fill out Form 4, the insider must provide detailed information about their identity, the company, the date of the transaction, the nature of the transaction, and the amount of securities purchased or sold, along with their ownership details before and after the transaction.
The purpose of Form 4 is to provide transparency and inform the public and regulators about insider transactions in a company’s securities, thereby promoting market integrity.
Form 4 must report the insider's name, relationship to the company, date of the transaction, nature of the transaction, number of securities involved, and the price at which the transaction occurred.
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