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 )
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.
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