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 )
Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018 Chapter VII RIGHTS AND OBLIGATIONS OF DEPOSITORIES, PARTICIPANTS, ISSUERS, MANNER OF SURRENDER OF CERTIFICATE OF SECURITY AND CREATION OF PLEDGE OR HYPOTHECATION
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Continuous electronic communication requirement mandates depositories maintain persistent connectivity with participants and market systems. Every depository must ensure and maintain continuous electronic communication channels with its participants, issuers and issuers' agents, clearing houses ... Summary
Continuous electronic communication requirement mandates depositories maintain persistent connectivity with participants and market systems.
Every depository must ensure and maintain continuous electronic communication channels with its participants, issuers and issuers' agents, clearing houses and clearing corporations of stock exchanges, and with other depositories, as a standing infrastructural and compliance requirement under the regulatory framework to support transmission of instructions and operational messages for market functioning and settlement.
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