MISCELLANEOUS AND CONSEQUENTIAL PROVISIONS - Securities And Exchange Board of India (Procedure For Holding Enquiry By Enquiry Officer And Imposing Penalty) Regulations, 2002
MISCELLANEOUS AND CONSEQUENTIAL PROVISIONS - Securities And Exchange Board of India (Procedure For Holding Enquiry By Enquiry Officer And Imposing Penalty) Regulations, 2002
Regulation 19 - Effect of debarment, suspension and cancellation order
Securities And Exchange Board of India (Procedure For Holding Enquiry By Enquiry Officer And Imposing Penalty) Regulations, 2002 Chapter IV MISCELLANEOUS AND CONSEQUENTIAL PROVISIONS
Contents
Summary
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Debarment and suspension prohibit intermediaries from taking new assignments and require compliance with regulator directions on investor assets. On and from the date of debarment or suspension, an intermediary must not undertake any new assignment or launch new schemes and must cease intermediary ... Summary
Debarment and suspension prohibit intermediaries from taking new assignments and require compliance with regulator directions on investor assets.
On and from the date of debarment or suspension, an intermediary must not undertake any new assignment or launch new schemes and must cease intermediary activities for the period of debarment or suspension, while remaining subject to Board directions regarding records, documents, securities or investor money in its custody or control. On and from the date of cancellation, the intermediary must immediately cease all intermediary activity and comply with the Board's directions concerning transfer of any investor records, documents, securities or money in its custody or control.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.