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
Contents
Summary
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Prohibition of assignment: Participants cannot delegate or assign participant functions to others without prior depository approval under the regulations. Regulation 52 prohibits a participant from assigning or delegating its functions as participant to any other person without the prior approval of the ... Summary
Prohibition of assignment: Participants cannot delegate or assign participant functions to others without prior depository approval under the regulations.
Regulation 52 prohibits a participant from assigning or delegating its functions as participant to any other person without the prior approval of the depository, making depository consent a precondition for any transfer of participant responsibilities.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.