Regulation 22 - Liability for action in case of default
Securities and Exchange Board of India (Registrars to an Issue and Share Transfer Agents) Regulations, 1993 Chapter V PROCEDURE FOR ACTION IN CASE OF DEFAULT
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Liability for default by registrars and share transfer agents leads to action under intermediaries regulations framework. Liability attaches to registrars to an issue and share transfer agents who fail to comply with registration conditions or who contravene provisions of the ... Summary
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Liability for default by registrars and share transfer agents leads to action under intermediaries regulations framework.
Liability attaches to registrars to an issue and share transfer agents who fail to comply with registration conditions or who contravene provisions of the Act, SEBI rules, the Securities Contracts (Regulation) Act, the Depositories Act, or stock exchange rules; such defaults are to be dealt with under chapter V of the SEBI Intermediaries Regulations, 2008.
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