Chapter VII - RIGHTS AND OBLIGATIONS OF DEPOSITORIES, PARTICIPANTS, ISSUERS, MANNER OF SURRENDER OF CERTIFICATE OF SECURITY AND CREATION OF PLEDGE OR HYPOTHECATION (From Regulation 40 to Regulation 82AA)
Certificate of commencement of business granted after Board verifies depository eligibility and completes physical verification. Grant of a certificate of commencement of business requires the Board to be satisfied that a depository is eligible to commence business after considering the application under regulation 14, reviewing the specified matters and completing the prescribed physical verification; where satisfied, the Board shall grant the certificate in Form D of the First Schedule.
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.
Certificate of commencement of business granted after Board verifies depository eligibility and completes physical verification.
Grant of a certificate of commencement of business requires the Board to be satisfied that a depository is eligible to commence business after considering the application under regulation 14, reviewing the specified matters and completing the prescribed physical verification; where satisfied, the Board shall grant the certificate in Form D of the First Schedule.
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