Validity of approval: designation remains permanent subject to compliance, and may be suspended, withdrawn, or surrendered. Approval granted to a designated depository participant is permanent subject to compliance with the Act, these regulations and related circulars; the Board may suspend or withdraw the approval, and the designated depository participant may surrender it.
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.
Validity of approval: designation remains permanent subject to compliance, and may be suspended, withdrawn, or surrendered.
Approval granted to a designated depository participant is permanent subject to compliance with the Act, these regulations and related circulars; the Board may suspend or withdraw the approval, and the designated depository participant may surrender it.
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