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
Liability for default: depositories and participants face enforcement under intermediaries procedure for specified compliance failures. Liability for action in case of default applies where a depository or participant contravenes statutory or regulatory provisions, fails to furnish ... Summary
Liability for default: depositories and participants face enforcement under intermediaries procedure for specified compliance failures.
Liability for action in case of default applies where a depository or participant contravenes statutory or regulatory provisions, fails to furnish required information or furnishes materially false information, does not cooperate with inspections or enquiries, disobeys directions under the Depositories Act, or fails to pay the annual fee; such defaults are to be dealt with under the procedural framework of the Intermediaries Regulations, 2008, Chapter V.
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