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)
Code of Conduct for depository governance; directors and key management personnel must meet fit and proper criteria. Regulation 27 requires the governing board, directors, committee members and key management personnel of a depository to abide by the Code of Conduct in Part B of the Third Schedule, and mandates that every director and key management personnel satisfy the fit and proper person criteria under regulation 23(2).
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.
Code of Conduct for depository governance; directors and key management personnel must meet fit and proper criteria.
Regulation 27 requires the governing board, directors, committee members and key management personnel of a depository to abide by the Code of Conduct in Part B of the Third Schedule, and mandates that every director and key management personnel satisfy the fit and proper person criteria under regulation 23(2).
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