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 )
Rejection of registration applications: Board must provide an opportunity to be heard and give written reasons promptly. Where an application under regulation 32 does not satisfy regulation 35, the Board shall reject the application after giving the applicant an opportunity ... Summary
Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018
Rejection of registration applications: Board must provide an opportunity to be heard and give written reasons promptly.
Where an application under regulation 32 does not satisfy regulation 35, the Board shall reject the application after giving the applicant an opportunity of being heard, and shall communicate the decision in writing within thirty days stating the grounds for rejection.
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