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        SEBI

        Regulation 58 - Agreement by participant

        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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        Agreement by participant required before acting for beneficial owner, in manner specified by depository bye-laws. A participant must enter into an agreement with a beneficial owner before acting on the beneficial owner's behalf, in the manner specified by the depository in its bye-laws.
                          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.

                              Agreement by participant required before acting for beneficial owner, in manner specified by depository bye-laws.

                              A participant must enter into an agreement with a beneficial owner before acting on the beneficial owner's behalf, in the manner specified by the depository in its bye-laws.


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