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 )
Resident status definitions govern depository ownership, linking domestic and foreign persons to statutory classifications for ownership. Regulation 19 prescribes definitional rules for ownership-related provisions in Chapter IV, specifying the meanings of banking company, insurance company, ... Summary
Resident status definitions govern depository ownership, linking domestic and foreign persons to statutory classifications for ownership.
Regulation 19 prescribes definitional rules for ownership-related provisions in Chapter IV, specifying the meanings of banking company, insurance company, person resident in India, person resident outside India, and public financial institution by direct cross-reference to corresponding statutory definitions, which thereby govern ownership and related regulatory questions within the Chapter.
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