Regulation 13 - Membership of Self Regulatory Organization
Securities and Exchange Board of India (Self Regulatory Organisations) Regulations, 2004 Chapter III COMPOSITION AND FUNCTIONS OF SELF REGULATORY ORGANIZATIONS
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SRO membership requirement: intermediary registration applications must be filed through the SRO, with recommendation and reasons provided promptly. Intermediaries who are, or should be, members of a Self Regulatory Organization must apply for registration or renewal only through that Self Regulatory Organization; the organization must forward the application to the Board with its recommendation to grant or refuse the certificate of registration and must provide reasons for its recommendation within the mandated short timeframe after receipt.
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.
SRO membership requirement: intermediary registration applications must be filed through the SRO, with recommendation and reasons provided promptly.
Intermediaries who are, or should be, members of a Self Regulatory Organization must apply for registration or renewal only through that Self Regulatory Organization; the organization must forward the application to the Board with its recommendation to grant or refuse the certificate of registration and must provide reasons for its recommendation within the mandated short timeframe after receipt.
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