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 )
Nominees of the Board: Board may appoint nominees to a depository governing board who hold equal director powers. The Board may appoint up to three persons as director(s) on the governing board of any depository; such appointees shall exercise the same powers as other ... Summary
Nominees of the Board: Board may appoint nominees to a depository governing board who hold equal director powers.
The Board may appoint up to three persons as director(s) on the governing board of any depository; such appointees shall exercise the same powers as other directors on that governing board, providing direct Board representation with equivalent governance authority.
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