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)
Regulation 61 - Transfer or withdrawal by beneficial owner
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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Beneficial owner transfer rights: participants must permit withdrawal or transfer from their account as per agreement terms. Regulation 61 requires a participant to permit a beneficial owner to withdraw or transfer securities from the owner's account in the manner specified in the agreement between the participant and the beneficial owner.
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.
Beneficial owner transfer rights: participants must permit withdrawal or transfer from their account as per agreement terms.
Regulation 61 requires a participant to permit a beneficial owner to withdraw or transfer securities from the owner's account in the manner specified in the agreement between the participant and the beneficial owner.
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