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        SEBI

        Regulation 41 - Depository to declare specific securities eligible

        Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018
        Chapter VII
        RIGHTS AND OBLIGATIONS OF DEPOSITORIES, PARTICIPANTS, ISSUERS, MANNER OF SURRENDER OF CERTIFICATE OF SECURITY AND CREATION OF PLEDGE OR HYPOTHECATION

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        Depository eligibility: depositories must list specific securities eligible for dematerialisation in their bye-laws to ensure electronic holding. Every depository must state in its bye-laws the specific securities that are eligible for being held in dematerialised form, creating a bye-laws requirement that defines which instruments may be maintained electronically within the depository system.
                          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.

                                Depository eligibility: depositories must list specific securities eligible for dematerialisation in their bye-laws to ensure electronic holding.

                                Every depository must state in its bye-laws the specific securities that are eligible for being held in dematerialised form, creating a bye-laws requirement that defines which instruments may be maintained electronically within the depository system.


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