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 )
Application completeness requirement: defective Form C may be rejected only after written objections and an opportunity to cure within the specified period. Regulation 12 mandates that applications in Form C must be complete and conform to schedule instructions; incomplete or nonconforming applications may be ... Summary
Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018
Application completeness requirement: defective Form C may be rejected only after written objections and an opportunity to cure within the specified period.
Regulation 12 mandates that applications in Form C must be complete and conform to schedule instructions; incomplete or nonconforming applications may be rejected but only after the Board communicates objections in writing and affords the applicant an opportunity to remove those objections within the specified period, which the Board may further extend if necessary to enable cure.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.