Securities And Exchange Board of India (Depositories And Participants) Regulations, 1996 Chapter V RIGHTS AND OBLIGATIONS OF DEPOSITORIES, PARTICIPANTS, ISSUERS, MANNER OF SURRENDER OF CERTIFICATE OF SECURITY AND CREATION OF PLEDGE OR HYPOTHECATION
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Participant withdrawal rights: depositories must permit withdrawals or transfers when requests comply with depository bye laws requirements. Every depository must permit a participant to withdraw from, or transfer its account within, the depository system where the participant's request ... Summary
Participant withdrawal rights: depositories must permit withdrawals or transfers when requests comply with depository bye laws requirements.
Every depository must permit a participant to withdraw from, or transfer its account within, the depository system where the participant's request satisfies the conditions set out in the depository's bye laws, establishing a right of withdrawal and account transfer subject to compliance with those bye laws.
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