Write notes on the following: Registrar and Share Transfer Agents.

' Registrar to an Issue ' means the person appointed by a body corporate or any person or group of persons to carry on the following activities on its or his or their behalf i.e.: (i) collecting application for investor in respect of an issue; (ii) keeping a proper record of applications and monies received from investors or paid to the seller of the securities; (iii) assisting body corporate or person or group of persons in determining the basis of allotment of the securities in consultation with the stock exchange, finalising the list of person entitled to allotment of securities and processing and despatch of allotment letters, refund orders or certificates and other related documents in respect of the issue; ' Share Transfer Agent ' means: (i) any person who on behalf of anybody corporate, maintains the records of holders of securities issued by such body corporate and deals with all matters connected with the transfer and redemption of its securities; (ii) the department or division, by whatever name called, of a body corporate performing the activities as share transfer agents if at any time the total number of holders of its securities issued exceed one lakh.