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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Custodians Required to Outline Terms with Clients per Regulation 17 of SEBI Custodian Regulations 1996</h1> Regulation 17 of the Securities and Exchange Board of India (Custodian) Regulations, 1996 mandates that custodians must enter into agreements with clients. These agreements must outline the conditions for accepting or releasing securities, goods, assets, or documents from custody accounts. They must also specify the conditions for handling monetary transactions, receiving rights or entitlements on securities or goods, and the registration process for securities for each client. Additionally, the agreements should detail any insurance provided by the custodian.
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