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
Securities And Exchange Board of India (Depositories And Participants) Regulations, 1996 Chapter V RIGHTS AND OBLIGATIONS OF DEPOSITORIES, PARTICIPANTS, ISSUERS, MANNER OF SURRENDER OF CERTIFICATE OF SECURITY AND CREATION OF PLEDGE OR HYPOTHECATION
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Segregation of securities: participants must open separate accounts for each beneficial owner and act only on owner instructions. Regulation 42 mandates that participants open separate accounts in the name of each beneficial owner and segregate their securities; register transfers to ... Summary
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Segregation of securities: participants must open separate accounts for each beneficial owner and act only on owner instructions.
Regulation 42 mandates that participants open separate accounts in the name of each beneficial owner and segregate their securities; register transfers to or from those accounts only upon receipt of instructions from the beneficial owner and confirm such transfers per the depository's bye-laws; and support every beneficial-owner account entry with electronic instructions or other agreed modes of instruction.
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