RIGHTS AND OBLIGATIONS OF DEPOSITORIES, PARTICIPANTS, ISSUERS, MANNER OF SURRENDER OF CERTIFICATE OF SECURITY AND CREATION OF PLEDGE OR HYPOTHECATION - Securities And Exchange Board of India (Depositories And Participants) Regulations, 1996
RIGHTS AND OBLIGATIONS OF DEPOSITORIES, PARTICIPANTS, ISSUERS, MANNER OF SURRENDER OF CERTIFICATE OF SECURITY AND CREATION OF PLEDGE OR HYPOTHECATION - Securities And Exchange Board of India (Depositories And Participants) Regulations, 1996
Fit and proper requirement: depositories and related persons must meet fitness criteria and the Board's decision is final. Regulation 6A requires every depository, its sponsor, shareholder, participant, and relevant directors and key management personnel to satisfy the fit and ... Summary
Fit and proper requirement: depositories and related persons must meet fitness criteria and the Board's decision is final.
Regulation 6A requires every depository, its sponsor, shareholder, participant, and relevant directors and key management personnel to satisfy the fit and proper criteria at all times; the Board may apply the criteria in Schedule II of the SEBI (Intermediaries) Regulations, 2008 to determine fitness, and the Board's decision on such questions is final.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.