Custodian fee framework under SEBI regulations sets monthly fee, payment modes, and proportional liability on registration changes. Fees payable by a custodian under the SEBI Custodian Regulations include an application fee, a registration fee, and a monthly fee based on the custodian's assets under custody, whichever is higher. The fees are payable by specified electronic modes. Monthly fee is payable within 15 days after each month ends, with proportionate liability for newly registered custodians and adjusted annual fee for custodians already registered before the amendment commencement. Each payment must be accompanied by a certified statement of assets under custody.
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.
Custodian fee framework under SEBI regulations sets monthly fee, payment modes, and proportional liability on registration changes.
Fees payable by a custodian under the SEBI Custodian Regulations include an application fee, a registration fee, and a monthly fee based on the custodian's assets under custody, whichever is higher. The fees are payable by specified electronic modes. Monthly fee is payable within 15 days after each month ends, with proportionate liability for newly registered custodians and adjusted annual fee for custodians already registered before the amendment commencement. Each payment must be accompanied by a certified statement of assets under custody.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
