Surrender of registration certificate requires compliance with board-imposed conditions and orderly transfer of client records. A registered KRA requesting surrender must satisfy the Board as to record maintenance, investor grievance redressal, client record transfer, continuity of ... Summary
Surrender of registration certificate requires compliance with board-imposed conditions and orderly transfer of client records.
A registered KRA requesting surrender must satisfy the Board as to record maintenance, investor grievance redressal, client record transfer, continuity of client service and any defaults; the Board may impose conditions, and upon surrender the KRA must return the certificate, cease the activity, transfer activities or allow client withdrawal without additional cost, provide for liabilities, and take required actions regarding records as directed by the Board.
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