Introducing the “In Favour Of” filter in Case Laws.
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Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
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of <h1>SEBI: Participants Can Operate in Multiple Depositories with Approval; Fees Required for Registration and Maintenance</h1> A participant with a registration certificate from the Securities and Exchange Board of India (SEBI) can act as a participant in multiple depositories without an additional registration, provided they receive approval from each depository. The participant must apply for approval and, upon satisfaction of compliance and eligibility requirements, the depository grants approval subject to payment of registration fees. The depository informs SEBI of the approval. Participants must pay annual fees for each depository and registration fees every five years starting from the sixth year after the initial approval to maintain their registration.
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