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
Depository listing eligibility requires regulatory compliance and board approval; the regulator may impose market protection conditions. A depository may apply to list securities on a recognised stock exchange only if it complies with ownership and governance provisions, has completed three ... Summary
Depository listing eligibility requires regulatory compliance and board approval; the regulator may impose market protection conditions.
A depository may apply to list securities on a recognised stock exchange only if it complies with ownership and governance provisions, has completed three years of continuous depository operations immediately preceding the application date, and has obtained Board approval; the Board may impose conditions in the interest of the securities market, including on transfer of shares, and a depository or its associates may not list on an exchange that is an associate of the depository.
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