Chapter VIIRIGHTS AND OBLIGATIONS OF DEPOSITORIES, PARTICIPANTS, ISSUERS, MANNER OF SURRENDER OF CERTIFICATE OF SECURITY AND CREATION OF PLEDGE OR HYPOTHECATION (From Regulation 40 to Regulation 82AA )
Power to call for information removed; express regulatory authority to requisition depository records has been omitted. Regulation 94, which had authorised the Board to call for information, documents or records from a depository, its governing board, shareholders or ... Summary
Power to call for information removed; express regulatory authority to requisition depository records has been omitted.
Regulation 94, which had authorised the Board to call for information, documents or records from a depository, its governing board, shareholders or applicants and from depository participants, has been omitted; the express statutory provision for such Board-initiated information requisitions no longer appears in the Depositories and Participants Regulations, 2018.
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