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Regulation 15 - Duty not to make false statements and revocation of unique identification number
Securities and Exchange Board of India (Central Database Of Market Participants) Regulations, 2003 Chapter III GRANT AND REVOCATION OF UNIQUE IDENTIFICATION NUMBERS
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Duty not to make false statements: mandatory certification of applications and link to unique identification number revocation. Regulation 15 prohibits making false statements or misrepresentations in applications to the Designated Service Provider and associates that duty with the grant and revocation of a unique identification number. It requires mandatory certification of applications and intimations as true and correct: intermediaries must have certification by specified senior officers together with the compliance officer; listed companies by the whole time director and company secretary or auditor; and investors by themselves.
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.
Duty not to make false statements: mandatory certification of applications and link to unique identification number revocation.
Regulation 15 prohibits making false statements or misrepresentations in applications to the Designated Service Provider and associates that duty with the grant and revocation of a unique identification number. It requires mandatory certification of applications and intimations as true and correct: intermediaries must have certification by specified senior officers together with the compliance officer; listed companies by the whole time director and company secretary or auditor; and investors by themselves.
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