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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Recordkeeping obligations require depositories to maintain comprehensive securities records and notify the regulator of storage location. Depositories must maintain records of securities dematerialised and rematerialised; transferor and transferee names and transfer dates; a register and ... Summary
Recordkeeping obligations require depositories to maintain comprehensive securities records and notify the regulator of storage location.
Depositories must maintain records of securities dematerialised and rematerialised; transferor and transferee names and transfer dates; a register and index of beneficial owners; daily holdings of beneficial owners; instructions received and sent to participants, issuers and beneficial owners; records of approval, notice, entry and cancellation of pledge or hypothecation; participant details; securities eligible for dematerialisation; and other Board specified records. Depositories must notify the Board of the records' location and preserve records for a minimum period of eight years.
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