RIGHTS AND OBLIGATIONS OF DEPOSITORIES, PARTICIPANTS, ISSUERS, MANNER OF SURRENDER OF CERTIFICATE OF SECURITY AND CREATION OF PLEDGE OR HYPOTHECATION - Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018
RIGHTS AND OBLIGATIONS OF DEPOSITORIES, PARTICIPANTS, ISSUERS, MANNER OF SURRENDER OF CERTIFICATE OF SECURITY AND CREATION OF PLEDGE OR HYPOTHECATION - Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018
Payment of annual charge: depositories must remit a percentage of issuers' custody fees to the Board and certify remittance. A depository must remit to the Board a specified percentage of annual custody charges collected from issuers each month, within fifteen days from the end ... Summary
Payment of annual charge: depositories must remit a percentage of issuers' custody fees to the Board and certify remittance.
A depository must remit to the Board a specified percentage of annual custody charges collected from issuers each month, within fifteen days from the end of the month, in the manner provided in the Second Schedule; remittance details must be submitted with a statement of computation certified by a chartered accountant.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.