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 participants to maintain comprehensive depository, transaction and pledge records and permit depository inspection. Regulation 66 requires participants to maintain records of transactions with depositories and beneficial owners, details of securities dematerialised or ... Summary
Recordkeeping obligations require participants to maintain comprehensive depository, transaction and pledge records and permit depository inspection.
Regulation 66 requires participants to maintain records of transactions with depositories and beneficial owners, details of securities dematerialised or rematerialised, instructions and account statements, and records of pledge or hypothecation entries and cancellations; make those records available for inspection by the depository and authorised persons during office hours; intimate the Board of the records' location; and preserve the records for a mandated minimum period.
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