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 )
Regulatory repeal preserves prior acts and treats earlier references as references to corresponding provisions in new regulations. The regulation repeals the earlier depositories regulations on commencement and provides that anything done, any action taken or contemplated under the ... Summary
Securities And Exchange Board of India (Depositories And Participants) Regulations, 1996
Regulatory repeal preserves prior acts and treats earlier references as references to corresponding provisions in new regulations.
The regulation repeals the earlier depositories regulations on commencement and provides that anything done, any action taken or contemplated under the repealed regulations shall be deemed to have been done, taken, commenced or contemplated under the corresponding provisions of the new regulations; references to the repealed regulations in other instruments shall be read as references to the relevant provisions of the new regulations.
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