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        SEBI

        Regulation 9 - Payment of annual charge

        Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018
        Chapter II
        REGISTRATION OF DEPOSITORY

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        Payment of annual charge: depositories must remit a percentage of issuers' custody fees to the Board and certify remittance. A depository must remit to the Board a specified percentage of annual custody charges collected from issuers each month, within fifteen days from the end of the month, in the manner provided in the Second Schedule; remittance details must be submitted with a statement of computation certified by a chartered accountant.
                      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.
                        Provisions expressly mentioned in the judgment/order text.

                            Payment of annual charge: depositories must remit a percentage of issuers' custody fees to the Board and certify remittance.

                            A depository must remit to the Board a specified percentage of annual custody charges collected from issuers each month, within fifteen days from the end of the month, in the manner provided in the Second Schedule; remittance details must be submitted with a statement of computation certified by a chartered accountant.


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